Known nationally as the Growing Places Fund, Invest & Grow is a rolling infrastructure loan fund designed to kick start stalled housing and commercial developments.

Loans of between £500,000 and £2.5 million are available for larger schemes which can unlock developments and enable the delivery of new jobs, commercial space and homes.

The fund aims to bring forward vital infrastructure projects, boosting the economy and creating jobs.  The money can fund strategic links that will open up access to key development sites, be used for flood storage capacity to enable the development of homes and retail space or ease congestion on major commercial routes.

It aims to accelerate stalled developments and create jobs through rapid investments in local infrastructure and tackling site constraints.  Projects outside this range may be considered if they deliver exceptional outputs or exceptional value for money. 

Eligible projects will fund infrastructure costs and include; utilities; flood management; access roads; and employment and housing sites.

The Greater Lincolnshire LEP wants to make significant investments that fit with its strategic priorities and will help unlock economic growth.

Invest and Grow is a rolling fund and can be applied for at any time.  Check your area and then contact the relevant location below for more information.

Click here to see projects funded by Invest & Grow.

Contacts:

North East Lincolnshire/ Angela Blake     Angela.Blake@nelincs.gov.uk

North Lincolnshire/Jenny Couch              Jenny.Couch@northlincs.gov.uk

Lincolnshire/ Cathy Jones                       gllepsecretariat@lincolnshire.gov.uk