Thank you for that update. You may already know that, as well as indicating that equivalent money should come to Wales after exit, witnesses giving evidence to the external affairs committee have said that this is an opportunity to do things differently in terms of regional funding. Can you tell me how many of the applications currently with WEFO are predicated on the private sector taking the delivery lead? And what advice is WEFO giving bidders for that remaining money to make sure that its long-term projects are structurally flexible enough—perhaps I could put it like that—to make sure that they can last once the days of the Commission directing regional funding have gone?