The LEP prepares for next year's funding round from Government
After calling for future funding applications for projects worth over £1 million last month, we have begun building a pipeline of projects in advance of next year’s funding round from Government.
Earlier this year we asked businesses and organisations in Greater Lincolnshire to submit future project ideas with the potential to boost the area’s economy in preparation for post-Brexit funding.
While our current Growth Deal funding pot is fully allocated, it is vital to establish and maintain a pipeline of priority projects to be able to bid for new funds when they become available.
“Thank you to all the submissions so far. This is an important exercise for us because we want to ensure that Greater Lincolnshire gets its fair share of funding for major projects,” said Ruth Carver, Director of the Greater Lincolnshire LEP.
“When the UK Shared Prosperity Fund is announced by the Government next year we will have a clear position on schemes that will contribute to the delivery of our Strategic Economic Plan and our Local Industrial Strategy.”
Over the past year, funding from the LEP’s Growth Deal has supported several major infrastructure projects across Greater Lincolnshire including Lincoln’s new Transport Hub, the Peppermint Park Food Enterprise Zone in Holbeach and University of Lincoln’s new medical school.