£58m approved for Humber projects
THE Local Enterprise Partnership for Humber has committed £58m to 16 projects.
The LEP is investing part of the funding from the Government’s Local Growth Fund in projects related to infrastructure and flood prevention.
The Humber LEP secured £113m in 2014 to support Humber projects, with a further £9.9m secured in 2015.
Hull’s Old Town regeneration is getting a boost with £3m at the site, and £500,000 for a Scunthorpe enterprise hub.
£5.75m will go towards improvements to infrastructure in Bridlington.
The Holderness Flood Alleviation Scheme also gets a £3m contribution.
The latest approvals will bring the total to be released to almost £20m in 2015/16 with £40m planned for release in 2016/17.
10 of 28 projects from the first and second rounds of the Growth Deal are underway.
Projects include infrastructure works in Grimsby, including office accommodation, improved access to Humberside International Airport.
Lord Haskins, chairman of the Humber LEP board said: “The Growth Deal is a part of the jigsaw that connects a large network of people, teams, businesses, organisations and funding working towards improving the region.
“None of these projects sits in isolation; all are taking place alongside wider public and private investment in regeneration projects, transport schemes, skills provision and Enterprise Zone sites to name just a few.
“While the investment in skills provision to serve the needs of emerging and existing Humber businesses is supported by the Humber LEP’s employment and skills strategy to address the wider needs of developing a productive and skilled workforce in the Humber. “
