Funding a range of strategic capital projects in the North East

What is Local Growth Funding?

Northern Powerhouse

Our £270m Local Growth Fund (LGF) capital investment programme 2015-21 formed a key element of the North East Growth Deals agreed with Government between 2014 and 2017. It has allowed us to progress ambitious growth measures, together with our partners, to achieve the objectives set out in the North East Strategic Economic Plan (SEP).

Whilst the majority of projects are now finished and operational, over the period 2021-2024 all remaining project investments will be completed and a final programme impact evaluation is a planned for 2024/25. We have used local freedoms and flexibilities to help ensure strategic regional capital projects are able to be fully completed beyond 2021 and several revenue activities to be funded, helping to secure European matched funding.

An interim evaluation of the LGF programme undertaken in 2021 reported that the programme had supported over 6,300 new jobs, 21km of new cycleways, 14km of new roads and 340,000sqm of new commercial floorspace.

In 2019, our LGF partners told us how the Local Growth Fund has helped make a difference to their projects and how these are contributing to the objectives of the North East Strategic Economic Plan.

Watch the video below to learn more about the range of transport, innovation, skills and business infrastructure projects supported by LGF projects and the impact they are having.


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Want to find out more about projects that the LEP has funded?

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