Local Growth Fund

(asked on 15th July 2014) - View Source

Question

To ask the Deputy Prime Minister, when (a) due diligence will be completed and (b) funds will be drawn down by winning bidders under the Local Growth Fund.


Answered by
Greg Clark Portrait
Greg Clark
This question was answered on 1st September 2014

Growth Deals were announced with all 39 Local Enterprise Partnerships (LEPs) on 7 July. This followed a highly competitive process in which the Government assessed LEP Strategic Economic Plans against the published assessment criteria including value for money and deliverability. The funding for these deals will be in place for all LEPs by April 2015.

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