Securing LEP funding for public sector projects

As LEPs take greater responsibility for funding for education, local development and regeneration, the opportunity to secure funds must be considered.

What funding is available?

The funding available through your local LEP will differ dependant on region and scale, but LEPs generally have access to:

• The Regional Growth Fund (region specific funds)
• The Growing Places Fund (£0.7Bn)
• EU Structural and Investment Funds (ESIF) (£5Bn)
• Local Growth Deal (£2Bn)

How can I access LEP funding?

LEPs are looking to deliver economic value through the funding they provide. Projects which create employment, training opportunities or inward investment will always be viewed upon favourably, but funding can be secured by almost any project.

Positive and unambiguous proposals, which clearly set out the outcomes that funding will deliver will further increase chances of securing LEP funding, the language, measurement and quantification used to assess outcomes needs to be provided in a way that LEPs can understand; using specialists in this field will help you to meet these particular requirements.

Overall, the continued devolution of power from central government makes Local Enterprise Partnership funding an attractive and accessible opportunity for all of the public sector, and, drawing from experience from across the industry, our team is set up and ready to support you on your next project.