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.
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.