£24M GRANT FUNDING APPROVED FOR LEICESTERSHIRE

The Leicester and Leicestershire Enterprise Partnership Limited (LLEP) have announced that £24.43m of grant funding is to be awarded from the Leicester and Leicestershire Business Rates Pool fund.  The fund is managed by the LLEP on behalf of local authorities and grants are allocated for priority economic projects that drive productivity and growth across the Leicester and Leicestershire area.

The projects include improvements to town centres and public realm areas, development of transport and highways infrastructure including cycleways and footpaths, upgrades to public wi-fi in town centres, targeted employment initiatives and development of arts, cultural and leisure facilities.

Some of the projects being supported by the funding across the county include £750k to provide grants up to £10k to businesses in the county to assist their recovery from Covid19, £3.75m and £100k to support the Superfast Leicestershire broadband project.

Leicester will see £4m for the Transforming Cities Green Growth Corridors programme that will see investment in sustainable transport schemes to support economic growth and £2.5m to expand and refurbish Jewry Wall to create a national quality Roman Leicester museum along with two new galleries at New Walk museum.

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