Possible EU funding boost for Rolle Centre project

10:41 22 November 2012

The Owen Building at Rolle College

The Owen Building at Rolle College

Archant

The Rolle Centre project could receive a massive cash boost from the European Union.

The transformation of the former Rolle College into a community hub has hit a crucial stage – the cost of recommissioning the buildings is now an estimated £2.5million.

Rolle Exmouth Limited (REL), a not-for-profit company set up by residents, has been working to turn the former campus into a hub for education, training, community and cultural activities and business units.

Now Devon County Council bosses has stepped into lend REL their expertise to help draw up a funding bid to the European Regional Development Fund (EDRF).

The EDRF is used to ‘even up’ regional disparities in regional development across Europe by investing in business innovation and support and regeneration.

REL chairman Roy Pryke said: “This bid has to be submitted in outline by next Friday (November 30) and we will know by the end of February whether we are proceeding to the next stage.

“Our aim is by the end of February to have produced the investment case…including the outcome of our submission of expressions of interest and applications to funding bodies, which are currently active and in our pipeline.”

He pledged to hold a meeting for investors following the last share issue last spring as soon as they reached the point they would make decisions which would impact directly on shareholders.

0 comments

Other News Stories

Kat and John Lort of The Loft with staff Karl Main and Dave Legg celebrate making the top 100 of the best restaurants outside London. Ref shs 5681-31-15AW. Picture: Alex Walton

The owners of a popular Sidmouth restaurant say they are ‘going out on a high’ after it was named one of the best places to eat at in the country.

Read more
06:30
Becky Thornton, pictured in Nepal with one of the people she helped through her volunteering.

A Woodbury teenager is raising funds for the victims of the Nepal earthquake, having been volunteering in the country when the disaster struck.

Read more
Yesterday, 21:38
Ilfracombe Birdman 2015. Picture: Andy Keeble

Magnificent men and women in their flying machines draw huge crowds to town.

Read more
Yesterday, 18:23
Catherine and Lex Cochrane ran the Ottery St Mary 10km to raise more than £350 for the Devon Freewheelers

A couple who embarked on a whirlwind two-year mission of marathon running and mountain climbing have donated their latest fundraising efforts to the Devon Freewheelers.

Read more
Yesterday, 12:30
Les Lane,last year's president of the Sid valley rotary presents the keys to Mo Ayling. Ref shs 1555-31-15TI. Picture: Terry Ife

Blackmore Gardens was buzzing all day as the Sid Valley Rotary Club’s summer fair returned in Saturday’s brilliant sunshine.

Read more
Yesterday, 11:00
Teresa Sturrock receives her new scooter from Carol Gilson.

The Exeter resident had been trapped inside for three years after a flesh-eating bug destroyed her leg, and only went out when she could receive assistance.

Read more
Yesterday, 06:30
Bicton Street residents ensured their road looked blooming lovely for the South West in Bloom judges this week. Ref exe 4567-29-15SH. Picture: Simon Horn

Bicton Street has been turned into a blaze of colour after neighbours joined forces to enter South West in Bloom.

Read more
Fri, 23:16
The scene on the A39 tonight after two cars collided and caught fire. Picture: Kathryn-Racheal Ring

Road closed and reports of one man dragged from a blazing car as emergency services rush to the scene

Read more
Fri, 18:00
Nikky Williams who has become only the second woman to join the crew of Lyme Regis RNLI Lifeboat. Photo Richard Horobin

The 21-year-old sailing instructor is only the second woman to become a sea-going member of the life-saving team

Read more
Fri, 17:00
Honiton Charter Day. Town Crier, Dave Retter, shouts the market charter to deputy mayor Jackie Wadsworth and Elizabeth Thurgood of The Tudor Dance Group. Ref mhh 4970-31-15AW. Picture: Alex Walton

Visitors were treated to fun dancing sessions courtesy of LeRoc Modern Jive, The Tudor Dance Group and Westernspirit Line Dancing, while dog owners showed off their pets in a family dog show.

Read more

Local Weather

Partly Cloudy

Partly Cloudy

max temp: 16°C

min temp: 13°C

Most Read News

Great British Life


Great British Life

Family Notices 24



Devon's trusted business finder