Also referred to as the Growth Deal, The Local Growth Fund enables D2N2 to invest in projects that benefit the local area and economy.
The Government has awarded a total of £257.5 million to the D2N2 area from 2015 to 2021 for capital projects to support growth. Funding for a project is approved by the D2N2 Local Enterprise Partnership's Investment Board (IB).
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Investment Board
When a promoter puts forward a project idea for Local Growth Funding, it goes through a series of processes, to ensure that it will help create jobs and attract investors to the area. The final approval in this process is given by the D2N2 Investment Board (IB).
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