Call for business project ideas to attract further investment to Derbyshire

A call for new capital projects has been made by D2N2 Local Enterprise, which is aiming to create a pipeline of future investment propositions, should further funding become available.

Such a move will support the organisation’s aims set out in the emerging Local Industrial Strategy (LIS) and will aid the region’s economic recovery from Covid-19.

D2N2 is responsible for delivering the Local Growth Fund which is worth more than £250 million to the region, and the new £44.4m Getting Building Fund allocation from the Government.

Funding from the Local Growth Fund has already been invested in many projects across the region that include supporting new learners and unlocking infrastructure for the delivery of new homes.

Those projects include the University of Derby’s Higher Level Skills Centre in Chesterfield and the Ada Lovelace House development in Kirkby-in- Ashfield.

David Williams, interim chairman of D2N2, said: “With the recent Getting Building Fund providing £44.4 million pounds worth of investment for ten projects within our area, it’s never been more important for our region to stand ready to attract Government investment whenever the opportunity presents itself.”

Applicants should complete and initial expression of interest by 5pm on September 11, 2020. Visit the organisation’s funding page at www.d2n2lep.org

D2N2 is the Local Enterprise Partnership that covers Derbyshire and Nottinghamshire. Established in 2010, it is one of the large LEPs in England, covering a population of more than two million people and with an economic output of more than £45billion GVA (Gross Value Added).

Local Enterprise Partnerships play a central role in deciding their area’s economic priorities and undertaking activities to create jobs. They are private sector-led, locally-owned partnerships between business, local authorities, skills and training providers, and community and voluntary organisations.