Solent LEP launches next wave of fundingÂ
BUSINESSES or organisations with potential large capital projects that will bringÂ new homes, business and skills to the Solent areaÂ are being invited to apply for funding.Â
The Solent Prosperity Fund has been set up byÂ The Solent LEP. It is designed to accelerate large capital projects with the potential to transform the Solent economy through co-investment of between Â£500,000 andÂ Â Â£14m.Â
The fund, which has previously supported aÂ testing service for unmanned marine systems in PortsmouthÂ and a Â£30m infrastructure investment to improve access to Gosport, will support projects that deliver new homes, business growth and skills. It will also target projects thatÂ connectÂ communities and business, through improved digital and transport infrastructure.
Solent LEP chairman Gary JeffriesÂ said: '˜We have made huge progressÂ and are already seeing investments creating jobs, supporting businesses and encouraging growth across the Solent area. We are delighted to be able to call for the next wave of projects.'Â
Go to solentlep.org.uk