School students having a discussion with their teacher

Local Growth Fund

A Starship Robot driving down a street

Local Growth Fund

Northampton College Advanced Engineering Centre

Local Growth Fund

Northampton Waterside Campus

Local Growth Fund

People talking in a building under construction

Local Growth Fund

East Northamptonshire Enterprise Centre

Local Growth Fund

 What is the Local Growth Fund?

The Government awarded a total of £265million to the South East Midlands LEP (SEMLEP) area from 2015 to 2021 for capital projects to support growth. 
It is often also referred to as the Growth Deal. The SEMLEP Board is responsible for the funds and they ensure that the funds are spent properly.  To learn more about how decisions are made and how the money is monitored, please read SEMLEP's 2019 Assurance Framework.

The current approved programme of over 50 projects are delivered under three themes:

  • Business – supporting productivity
  • People – enhancing skills
  • Place – building transport schemes and enabling housing and employment infrastructure

The Local Growth Fund investment programme aims to deliver over 40,000 homes, 22,000 jobs and 9,000 learners by 2030.

Take a look at the projects in our investment programme section.

Getting Building Fund 

Earlier this month, the Prime Minister announced a new infrastructure investment fund – the Getting Building Fund. The South East Midlands LEP area was nominally allocated just over £27million for local projects, subject to all projects across England applying for this investment being approved by Ministers.

SEMLEP’s Board has worked closely with our partners to develop a list of investable projects that meet the Government’s eligibility and delivery expectations and that contribute toward our area’s economic recovery and rebuild. These are based on our pipeline bidding round and appraisals held in January 2020. We expect a Ministerial decision on approved projects in early August.

Need more information?

If you want to know more about any aspect of the Local Growth Fund, or the projects please contact Judith Barker, Director of Programmes and Governance on judith.barker@semlep.com

For information about individual project appraisals, monitoring and evaluation, go to the Local Growth Fund section in our Resources Hub. Download our Local Growth Fund communications protocol. 

Local Growth Fund Investments

Read about our LGF-funded projects that are working to grow business, people and places in our Investments Programme section.

Read More

Latest News

View all news arrow

Latest Tweets

Latest Events

See more events arrow
View more events

Your login details have been used by another user or machine. Login details can only be used once at any one time so you have therefore automatically been logged out. Please contact your sites administrator if you believe this other user or machine has unauthorised access.