Local Enterprise Partnerships bid for Government funding from the Local Growth Fund – known as Growth Deals – to secure key projects for economic growth in their area through a competitive process. Tim Peake is at Growth Deal funded Airbus Foundation Discovery Space.
Hertfordshire LEP was allocated £16m Growing Places Fund from Government to boost economic growth by getting the required infrastructure built to enable the construction of new jobs and kick-start stalled projects, such as at Elstree Studios.
Hertfordshire LEP is responsible for setting the direction and priorities for European Structural Investment Funding on behalf of Government. Our ESIF programme supports businesses to compete and grow and improves people’s skills and employment prospects.