Projects funded by the Growth Deal

Background

The Dorset LEP’s Strategic Economic Plan, ‘Transforming Dorset’, was submitted in March 2014 and was used for negotiations with Government for the Dorset Growth Deal. In July 2014, Dorset LEP was awarded £66.4 million from the Local Growth Fund, with a further £12.6 million awarded in January 2015, bringing the total to £79 million.

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

In early 2016, the Dorset Strategic Economic Plan was refreshed. Dorset's Strategic Economic Vision is to increase productivity and prosperity in the County over the next decade. 

Projects

The 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 £79m Dorset Growth Deal programme expects to bring in £650m of investment to Dorset, along with 26,000 new jobs, and 3,000 new homes.

The Dorset Growth Deal has now reached the end of its first year, the Dorset LEP was awarded £24.35m of Growth Deal funding for 2015/16 to commence the delivery of four capital projects and the Dorset Growth Hub. By the end of March 2016, a total of £17.8m was spent across nine projects in the local economy; delivering 872 new jobs, 52 new homes and £225m of additional local investment for Dorset.

For further Dorset LEP Achievements, see our Reporting page

Growth Deal 3

The allocations for Growth Deal 3 funding for the South West were announced on 23rd February. We are delighted that Dorset received the additional funding of £19.5m bringing the Dorset Growth Deal to a total of £98.5m.
 
Gordon Page, Chairman of Dorset Local Enterprise Partnership said: “We submitted an ambitious business plan to accelerate economic growth across Dorset and are pleased to have been awarded £19.5 million to deliver a range of projects to fuel long-term growth across the county. This vote of confidence by the Government reflects our county’s economic potential and firmly places Dorset on the world map as an outstanding place to do business.”
The following projects benefitting from this investment will improve skills, create jobs, build homes and improve infrastructure:
Access projects & programmes

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