Growing Places Fund

 

The Dorset LEP Growing Places Fund has been provided with £9.7m from central government as a revolving loan scheme to support housing and job creation in Dorset.

The Growing Places Fund is a repayable loan that encourages local economic growth in Dorset. The Fund is designed to unlock capital projects which have a significant economic impact and the potential for job and home creation and can quickly deliver tangible economic outcomes.

The Fund may also be used where businesses are unable to access alternative funding mechanisms for viable schemes that will deliver economic growth and support Dorset LEP’s strategic objectives.

The Growing Places Fund is an ‘evergreen’ fund allocated on a competitive basis through open calls. Following the early success of some of the Growing Places Fund schemes, Dorset LEP has already seen some loans repaid. As a result, the Fund will be relaunched and open for new applications in May 2018.

Businesses that are interested to learn more about the Fund or would like to speak to Dorset LEP to inquire whether their project may be eligible for this loan should contact:


Martina Hanulova
Programmes Manager (Growing Places Fund)
T: 07925 891380
E: mhanulova@bournemouth.ac.uk

To date Growing Places Fund has been allocated to:

  • Alder Hills – Centre for Social Enterprise Excellence in Poole
  • Bionanovate Ltd., Poole
  • Boscombe Regeneration, Bournemouth
  • Castle Court, Osprey Quay, Portland
  • Cobham Gate, Ferndown, Dorset
  • Field International Ltd., Poole
  • Hamworthy – Transport Smarter Choices, Poole
  • North Dorset Business Park, Sturminster Newton, Dorset
  • Ultrafast Broadband
 
 

The Growing Places Fund Steering Group

The Growing Places Fund Steering Group has been established to consider and manage the application of the Growing Places Fund in Dorset (covering the Dorset LEP area including Bournemouth and Poole). 

Growing Place Fund Steering Group Terms of Reference

LEP Board Representative: Sara Uzzell 

Boscombe Regeneration

Boscombe West has high long standing levels of deprivation.The development of 11 affordable, low energy family homes is located at Gladstone Mews and was completed and handed over in August 2014. The development was completed below budget, at a cost of £1,194,395, allowing £305,605 of Growing Places Fund money to be released for reinvestment in further projects.

View full case study

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