Funding - 06 September 2019

Eight D2N2 Towns benefit from Government Fund

Five Nottinghamshire towns and three based in Derbyshire will benefit from the Government’s new Towns Fund it has been announced.

The Nottinghamshire towns of Kirkby-in-Ashfield, Mansfield, Newark-on-Trent, Stapleford, and Sutton-in-Ashfield join Clay Cross, Long Eaton, and Staveley in Derbyshire on the shortlist of 100 towns from across England.

The £3.6 billion new Towns Fund is designed to support towns with ambitions of a more prosperous future and the eight D2N2 locations on the shortlist will now work with the government to develop innovative regeneration plans.

The towns eligible for support from funding include places with proud industrial and economic heritage but have not always benefitted from economic growth in the same way as more prosperous areas.

Communities, businesses and local leaders will now join forces to draw up ambitious plans to transform their town’s economic growth prospects with a focus on improved transport, broadband connectivity, skills and culture.

Local Government Secretary and MP for Newark, Robert Jenrick, said: “Ensuring that prosperity and opportunities are available to everyone in this country, not just those in London or our biggest cities, is at the heart of the mission of this government.

“We want to level-up our great towns, raising living standards and ensuring they can thrive with transformative investment in transport, technology, skills and culture.

D2N2 CEO Sajeeda Rose said: “D2N2 is a key part of the Midlands economy so I’m pleased to see this latest commitment from the government to invest within our region.

 “The new Towns Fund will lead to stronger towns which will become key drivers of economic growth across the wider region leading to a more productive, prosperous, and inclusive community.”

Once approved, new Town Fund Deals will improve connectivity, provide vital social and cultural infrastructure and boost growth – with communities having a say on how the money is spent.

The Town Fund builds directly on the government’s commitment to decentralising funding and decisions away from Whitehall and investing in the growth of local economies and devolving powers through ambitious City and Growth Deals, providing more than £9 billion of funding to Local Enterprise Partnerships such as D2N2 and introducing 8 Metro Mayors in England.

D2N2 is the private sector-led partnership of business, local authorities, skills and training providers, and community and voluntary services representatives which promotes economic growth across the area of Derby, Derbyshire, Nottingham and Nottinghamshire.

Media wanting more information about the D2N2 LEP can contact Luke Stott, D2N2 Digital Marketing Officer, on 0115 9578749 or email: Luke.Stott@d2n2lep.org

Latest News & Events

22 September 2023

D2N2 leads highly successful launch of East Midlands Hydrogen

Read Article

21 September 2023

D2N2 CEO Will Morlidge shares his thoughts on East Midlands Hydrogen

Read Article

19 September 2023

Spotlight on our D2N2 Enterprise Advisers: meet Anna Smith, Enterprise Adviser, Da Vinci Academy, Derby

Read Article

14 September 2023

Spotlight on our D2N2 Enterprise Advisers: meet Amanda Stevenson-Bate, Enterprise Adviser, Derby Moor Spencer Academy, Derby

Read Article

07 September 2023

D2N2 Cornerstone Employers discuss the Social Value Act and the importance of supporting local schools in new film

Read Article

06 September 2023

Former ‘Megawatt Valley’ to metamorphose into hydrogen heartland with the launch of East Midlands Hydrogen – the UK’s largest inland hydrogen cluster

Read Article

05 September 2023

Derby Museums publishes report revealing the impressive social impact of the Museum of Making capital project

Read Article

31 August 2023

D2N2 is seeking delivery partners for Wave 5 of Skills Bootcamps in Digital and Green Skills

Read Article

22 August 2023

D2N2 Skills Bootcamps provider Althaus Digital rated Outstanding by Ofsted

Read Article

11 August 2023

D2N2 search for service provider to establish an Early Stage Angel Investment Fund

Read Article

Get in touch.

Subscribe to get our latest updates.

Sign up
Address

D2N2 Local Enterprise Partnership
8 Experian Way
Nottingham
Nottinghamshire
NG2 1EP

Social

Our Partners