growth deal

Investments

Growth Deal

Local Enterprise Partnerships are playing a vital role in driving forward economic growth across the country, helping to build a country that works for everyone. By 2021 Government will have invested over £12bn through the Local Growth Fund, allowing LEPs to use their local knowledge to get all areas of the country firing on all cylinders.

In Cumbria, £60m of Growth Deal funding is supporting a range of exciting projects that underpin the aims of our strategic economic priorities, delivering jobs, growth and improving connectivity within Cumbria.

To date, Growth Deal support in Cumbria has delivered;

  • 1,825 jobs created or safeguarded.
  • £35.6m public/private investment delivered.
  • 9,171 premises with access to superfast broadband.
  • 95,061 m2 premises created or refurbished.
  • 1,169 new skills opportunities.
  • 507 new homes delivered.

Read more about the Growth Deal achievements.

For more information, please contact Corinne Watson, Head of Programme Management: Corinne.Watson@thecumbrialep.co.uk.

Local Growth Fund

Local Enterprise Partnerships are playing a vital role in driving forward economic growth across the country, helping to build a country that works for everyone. By 2021 Government will have invested over £12bn through the Local Growth Fund, allowing LEPs to use their local knowledge to get all areas of the country firing on all cylinders.

The government has awarded £9.1bn in three rounds of Growth Deals to local areas to drive economic growth. LEPs are investing in a wide range of projects including transport, skills, business support, broadband, innovation and flood defences.

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