New Anglia invites ‘Growing Places’ bids to kick-start jobs and investment
NEW Anglia Local Enterprise Partnership is has now invited organisations to put forward funding proposals to kick-start jobs and growth.
The invitation follows Government confirmation last month that New Anglia, which covers Suffolk and Norfolk, is to receive �12.2million as a result of a successful bid under the Growing Places Fund initiative.
The cash will be used to establish a revolving fund to invest in projects which will create jobs and improve infrastructure at sites across the two counties. The “revolving” nature of the fund means that funding under scheme will have to be repaid, and will be used to fund future projects.
Andy Wood, chairman of New Anglia Local Enterprise Partnership, said: “This provides a great opportunity for Suffolk and Norfolk to kick-start projects which will unlock growth and development.
“It will be a simple, straightforward process and we welcome proposals from the private, public and third sectors, or a partnership of the three. “
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Typical schemes which would qualify for investment may include transport, utilities, flood defence or property development projects – projects which would unlock development, creating growth in jobs and homes.
New Anglia LEP launched a consultation on priorities for the project last month and is now open for bids.
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For details on how to submit a proposal, visit: http://www.newanglia.co.uk/page.aspx?ID=7 . Bids should be submitted by 5pm on Friday, March 30.