Local Enterprise Partnerships are playing a vital role in driving forward economic growth to help build a country that works for everyone.
That’s why by 2021, central 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 total, we have secured £126.66m through three rounds of growth deals for the operating period 2015-2021. The Leicester and Leicestershire Growth Deal aims to drive growth by enabling the provision of new homes and space for businesses, high quality skills and training facilities, new jobs, broadband, innovation, flood defences and key transport improvements across the city and county.
The Local Growth Fund is supporting 20 projects which together have the capacity to deliver over 7,000 new jobs, over 9,000 new homes and over 25,000 square metres of new commercial floorspace by 2025/26.