Dorset Growth Deal

 

Background

Government provides local growth funding via Local Enterprise Partnerships (LEPs) in England for projects that benefit the local area and economy. A total of £98.5 million has been secured by Dorset LEP in Growth Deals for Dorset.

Dorset Growth Deals bring together a mix of local, national and private funding as well as new freedoms and flexibilities to focus on:

  • Enabling growth in key housing and employment sites
  • Creating the right conditions for economic growth
  • Supporting Dorset businesses
  • Growing the Dorset skills base

Projects

Dorset Growth Deal funding has been allocated to a number of projects that will help transform the county through better transport, infrastructure, more housing, and more highly skilled jobs for all in Dorset. 

 

Achievements to date

Local Growth Deals are designed to enable LEPS to better serve their local economy.

The £98.5m Dorset Growth Deal programme expects to bring in £1.148 billion private investment to Dorset, along with 31,800 new and safeguarded jobs, and 5,800 new homes.

By the end of March 2017 a total of £34.4 million was spent across 16 projects in the local economy, delivering 1,164 new jobs, 367 new homes and £254.3 million of additional local investment for Dorset. The funding also helped to train 1,882 students and apprentices. For further Dorset LEP Achievements see our Annual Report on our reporting page. 

 

 

 

 

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