The Greater Lincolnshire Local Enterprise Partnership will receive £25.8 million from the government’s Getting Building Fund to deliver ‘shovel-ready’ projects in the region.
The announcement is part of a comprehensive plan to upgrade local infrastructure and enhance skills to accelerate economic recovery across the UK following the COVID-19 pandemic.
The investment will support economic recovery across Greater Lincolnshire and will be used to support key sectors, improve digital infrastructure, support skills and career opportunities and help the area to transition to a low-carbon economy.
“As we reshape our Local Industrial Strategy and recovery plans to reflect the impact of the pandemic, it is important that we help build an economy that it is more resilient in the long term and which responds to the needs of our businesses and communities,” said Pat Doody, Chair of the Greater Lincolnshire LEP.
“We will continue to work with the Government on future funding for investments to support our ambitions and look forward to delivering this transformative programme for Greater Lincolnshire.”
The decision to allocate this funding comes after several projects were submitted to the Government for consideration last month. The projects chosen to receive funding were considered to provide the most value in terms of restarting the local economy.
The funding has been allocated to the following six projects across Greater Lincolnshire:
The Centre for Innovation in Rural Health; Holbeach Food Enterprise Zone; Skills Capital Investment Programme; Lincoln Science and Innovation Park (Phase Two); Killingholme Pumping Station – ABLE Marine Energy Park; Greater Lincolnshire Cycling Programme Scheme 1 – The Immingham to Grimsby Cycle Superhighway & Scheme 2 – Lincolnshire Coastal County Park Cycleway.