Lancashire receives £34m 'new deal' funding

The Lancashire Enterprise Partnership has received £34.1m in funding from the government as part of its newly-launched 'New Deal'.

The finance was secured from the Getting Building Better Fund which the prime minister has designed to help the country recover from the coronavirus pandemic.

The said LEP will work closely with all Lancashire local authorities and Steve Fogg, chairman, and Sarah Kemp, chief executive, have begun identifying a list of projects across the county which can start almost immediately, be completed within 18 months and which can deliver jobs and green recovery.  

Steve Fogg said: "The fact that Lancashire has managed to secure a significant amount of funding is testament to the collaborative working between the LEP and its partners to work to together to help protect Lancashire's businesses and the livelihoods of our residents.

''Each day we are hearing of failing businesses and people losing their jobs. However, we are also hearing of businesses which have diversified and shown extreme resilience in such unprecedented times.  

Clearly this money alone will not be enough but it will be a positive start

"Clearly this money alone will not be enough but it will be a positive start and I am hoping by working together, we can come back stronger and the Lancashire Enterprise Partnership will continue to engage with and listen to businesses to ensure they are getting the support they need to recover from this crisis.''

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