The government has offered a lifeline to bidders for EU funding by relenting on the previous deadline set as today's Autumn statement.
'According to funding experts familiar with the ESIF bidding process, applicants have been given longer to resolve issues and talks will continue with Department for Communities & Local Government, safe in the knowledge projects can still be guaranteed if approved after the Autumn Statement.'
It is good news for Greater Manchester Combined Authority as it is understood that they are still in discussions over the £50m Evergreen 2 fund and a new £15m dedicated low carbon building pot.
Another local bid for money which is understood to be on-going, is to pay for ultrafast broadband into Cheshire and Warrington science parks.
It is a short term measure but one that does give some breathing space to a number of high profile applications, the DCLG are yet to comment.
AS 2016: EU funding deadline lifted