We made a new pot of money available in the autumn to accelerate new investment opportunities and increase economic activity across Greater Lincolnshire.

We made a new pot of money available in the autumn to accelerate new investment opportunities and increase economic activity across Greater Lincolnshire.

Our new Feasibility Fund is worth £160,000 and attracted 13 applications before it closed on 21st November.

Businesses and organisations across the public, private and voluntary sectors were invited to apply for grant funding of up to £50,000 towards detailed feasibility works on schemes which will lead to increased business development and job creation in Greater Lincolnshire.

Applicants were expected to provide a minimum of 50% of the costs and had to outline how their scheme would address the cross-cutting priorities of the LEP's Strategic Economic Plan.

Our earlier Feasibility Fund which opened in February 2016 distributed £216,500 to six schemes, including the Holbeach Food Enterprise Zone.

We will announce which bids have been successful following a meeting of the Investment Board on 27th January 2017.