The £730 million Growing Places Fund is supporting key infrastructure projects designed to unlock wider economic growth, create jobs and build houses in England.
The fund is an important boost for local economies and provides a major opportunity for local enterprise partnerships and local authorities to identify and prioritise the infrastructure they need for growth.
A large number of these schemes have been stalled or delayed due to instances of prior lack of investment in infrastructure or land assembly through market or the planning process.
Unlocking the investment problems with the Growing Places Fund according to local economic priorities is a tangible delivery of this government’s localism agenda.
The range of projects being supported by the Growing Places Fund includes site access/site clearance, broadband and transport infrastructure, utilities, refurbishment of buildings and flood defence barriers.
Published 10 October 2014