‘Finance Minister must review Red Tape for SEUPB Projects’

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Wednesday, December 14th, 2011
Sinn Féin MLA Cathal Boylan has welcomed the commitment by Finance Minister Sammy Wilson to review the lengthy application process for funds from the Special European Union Programme Body (SEUPB). Speaking to Newry Times, Mr. Boylan stated, “Concerns regarding the difficult application process and potential loss of funding to the Newry and Armagh area were raised by an East Border Region senior official at the Uniting Ireland Conference in Newry last month.” Boylan continued, “Taking these concerns on board I had the opportunity today to ask the Minister of Finance about the timescale taken to award funds from Interreg ivA through the SEUPB. At present it is taking an average of one year for an application to be assessed which is far too long for projects waiting for funding. I am happy that The Minister has confirmed that he will look at the time frame for processing applications which is good news for projects concerned.” Mr. Boylan concluded by revealing that, “The Minister also confirmed that over £50 million was available from this fund. This funding must be allocated by 2015 so I am therefore glad that the level of bureaucracy and red tape is going to be examined. I would urge suitable projects to apply for this funding in order to ensure that this money is not lost.”
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