‘Single Pot’ refers to projects funded by NWDA own funds.
It is less heavily monitored and restrictive than projects with an element of ERDF money.
ERDF input ‘contaminates’ all other funding with increased monitoring.
A fundamental difference to other funding, e.g. RCUK, Wellcome Trust, industrial, is that funds are claimed against defrayed costs and everything has to be evidenced.*
(including timesheets for any staff not 100% on project).