Growth Deals provide funds to LEP's for projects that benefit the local area and economy.

Growth Deals - or the Single Local Growth Fund (SLGF), are providing support for local businesses, creating and safeguarding jobs, delivering strategic infrastructure schemes, developing hundreds of new homes, and investing in education.

The LEP works closely with local government and other partners to ensure effective communication, strategy and delivery and the first of these key projects are now either complete or underway.

The Strategic Economic Plan is our route to working with government and securing other funding.   Due to the quality and deliverability of our strategic economic plans (Growth Plans) Greater Lincolnshire has secured £180m of growth related funding, of which £155.45m relates directly to growth deals.  

Our Growth Deal programme to date, having just completed a third competitive round of funding will deliver £311m of public and private investment, build 7,250 new homes, create/safeguard 7,100 jobs and deliver 483,180sq metres of new commercial floor space.  As part of the Growth Deal, the LEP has developed frameworks to ensure robust governance and delivery of the projects supported. 

Click here to see projects funded by Growth Deal.

 

Contact Halina Davies on gllepsecretariat@lincolnshire.gov.uk or 07799 074247 

(i) Figs based on July 2016