NELEP secures £17M from Growing Places Fund
The North Eastern Local Enterprise Partnership (NELEP) has won £17m funding – the fifth highest nationally - from the Government’s Growing Places Fund.
Covering the local authority areas of Durham, Gateshead, Newcastle, North Tyneside, South Tyneside and Sunderland, the hybrid business and public sector board will use the cash boost to kick-start housing and growth-driven infrastructure schemes.
Paul Woolston, chair of NELEP said interested parties would be invited to submit proposals aligned to the LEP's criteria and the partnership board’s aim of ensuring investment funds speed up ‘economic opportunity and generate a rolling investment fund’.
Money from the £450m growing places fund is being made available to all 39 English local enterprise partnerships on a formula based weighting based on population and employment multiplied by earnings.
Grow up anonymous LG employee if you knew Teesside you would understand the problem. But no, cheap shots as usualJ Smith, Added: Thursday, 2 February 2012 08:06 PM
I hope the money will be put to good use because many of these areas have had development funds in the past to then have more later on because nothing has changed. Better than in NE London where a LA is giving a football club money to build a new stadium under the guise of 'regenerating the area'.Local Government not from N17, Added: Thursday, 2 February 2012 01:07 PM
This article reflects a lot of hard work that has been done to support local developments in the north east. Congratualtions to those who achieved it and I hope it makes a real difference to the area. I am disgusted at J Smith's comments about the NE (I have no personal contact with the area) and if it were an option I'd formally compain about his/her comment here. Expressing such antagonistic views across all areas of local government is bringing this facility into disrepute.JB, LG employee, Added: Thursday, 2 February 2012 11:40 AM
Lets hope Teesside get some of this, currently its a basket case. Its black & grey economy is among the largest in the Country Its almost third worldJ Smith, Added: Wednesday, 1 February 2012 06:55 PM
Absolutely brilliant news for the region. Im looking forward to see the impact this will haveMelissa Middleton, Programme Manager, PNE Group, Added: Wednesday, 1 February 2012 04:03 PM
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