Milton Keynes Academic Hospital Milton Keynes Academic Hospital

Local Growth Fund

Milton Keynes Academic Hospital
Catesby TunnelCatesby Tunnel

Local Growth Fund

Catesby Tunnel
Central Bedfordshire CollegeCentral Bedfordshire College

Local Growth Fund

Central Bedfordshire College
East Northamptonshire Enterprise CentreEast Northamptonshire Enterprise Centre

Local Growth Fund

East Northamptonshire Enterprise Centre
Vulcan Works, NorthamptonVulcan Works, Northampton

Local Growth Fund

Vulcan Works, Northampton

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. The Local Growth Fund (LGF) provides investment to projects that benefit the local area and economy.

The SEMLEP Board is responsible for the fund 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 Assurance Framework.
*The funding has now been extended to March 2022 to take account of the pandemic’s impact on delivery. 

£182,796,969 Invested so far

5,529 Jobs created

5,523 Learners supported

4,692 Homes Enabled


In March 2021, South East Midlands Local Enterprise Partnership (SEMLEP) appointed Focus Consultants to undertake a programme level evaluation of the South East Midlands Local Growth Fund programme to articulate the impact of the programme on the South East Midlands area but also to learn the lessons and identify areas of learning for future delivery.

Take a look at the evaluation to read about the economic impact, outcomes, key findings and more. 

Evaluation Summary

Read the full evaluation

SEMLEP's Local Growth Fund Report - Cover.

Investment Key

Take a look at the SEMLEP investment projects in the area.

LocationLocal Growth Fund
LocationGetting Building Fund


The current approved programme of over 60 Local Growth Fund and Getting Building Fund projects are delivered under three themes:

Business: Support productivity
People: Enhancing skills
Places: Building transport schemes and enabling housing and employment infrastructure
View the projects

Case Studies

Luton Hat District

Four Hat Factory buildings are being developed to create a network of creative and digital industry workspaces in the Cultural Quarter, located between Luton Station and Luton Town Centre...

Read more