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The Town Fund is a funding scheme launched by the Government for towns to improve their economy and benefit all parts of its community. Businesses, local leaders and communities will now join forces to draw up ambitious plans to transform their town’s economic growth prospects with a focus on improved transport, broadband connectivity, skills and culture.
This crucial scheme is part of the government’s commitment to level up all regions by boosting productivity, skills and living standards.
Lincoln City Council, via the Lincoln Town Deal Board has submitted plans to government to bid for nearly £25m of funding over the next five years to deliver long-term economic growth in the city.
Lincoln was one of 101 towns and cities selected by government to work towards a Town Deal and, in January 2020, a multi-agency board was established to oversee the creation of the Town Investment Plan which includes a vision and 5-year project programme to support the growth and development of the city.
The Town Investment Plan includes the priorities of digitalisation, skills to support inclusive growth, sustainable transport and urban regeneration, tested in consultation with the citizens’ panel earlier in the year. The plan was further developed by working closely with a range of stakeholders and through the assessment of economic evidence. Carbon reduction, inclusive growth needs and the recovery from Covid-19 have also been considered.
The plan requests £24.75m of investment across 15 projects from the Town Investment Fund and if approved, will level direct co-funding support of £20.5m to drive growth and underpin wider, private sector investment.
In this webinar, Kate Ellis Strategic Director of Major Developments at City of Lincoln Council will give an overview of Lincoln City's plans to deliver this significant, ambitious funding scheme and share some of the opportunities it will bring to investors, developers and the community as a whole.
About the Speaker
Kate Ellis is the Director of Major Developments at City Of Lincoln Council with main responsibility for delivering capital regeneration projects including the £30m Transport Hub, £9m Innovation Centre, £5m Creative Industries workspace and £2.5m of Public Realm improvements.
Kate is also responsible for the delivery of a 3200 new homes community on the Western Growth Corridor and the council’s new housing programme.
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Event information:
Location:
Online
When:
12/01/2021
14:30 - 15:30
Category: Funding
Organised by:
Team Lincolnshire in partnership with Business Lincolnshire
Contact name:
Charlotte Knight
