“£8.9m cash boost for Cheshire and Warrington economy”
The Cheshire and Warrington Local Enterprise Partnership – the LEP- has been awarded £8.9m to help boost economic growth.
Ministers have confirmed the allocation from the £500milllion Growing Places Fund, designed to boost economic growth by getting the required infrastructure built to enable the creation of new homes and jobs and get stalled projects moving again.
The funding has been allocated to the country’s 39 Local Enterprise Partnerships, who will now decide what to prioritise locally.
Christine Gaskell, Chair of the Cheshire and Warrington LEP said; “This award puts business people from Cheshire and Warrington at the heart of deciding how to boost our local economy. We have worked hard to establish real credibility with government and this award proves that we have their trust and confidence.
“We are already working with our partners in the private and public sectors and have some great development opportunities to consider. We want to make sure that the schemes we back will start as soon as possible and that they will produce economic growth. We also want to be sure that the money will repaid so that we have a fund that we can use to remove blockages to development.”
Today’s announcement forms part of a wider package of measures announced by Housing Minister Grant Shapps, highlighting the vital and central role that housing is playing in getting the country’s economy on the road to recovery.
Issued on behalf of Cheshire & Warrington LEP
For further information, please contact:
Cheshire and Warrington Local Enterprise Partnership
Tel: 01606 734191
Member since: 10th July 2012
Chester word of mouth specialist, promotes and markets the best businesses in Chester. Passionately supporting local businesses, organisations and events.