growing places fund

In 2016, Dorset LEP successfully secured £9.7m from central government's Growing Places Fund, a rolling loan scheme, to support innovation, productivity, housing and job creation in Dorset. 

Our Growing Places Fund provides short-term repayable loans to kick-start economic development projects in Dorset that might otherwise have stalled or not got off the ground in the first place. To date, the fund has been invested in business parks, rail crossings, broadband infrastructure, manufacturing and agri-tech innovation. 

View projects in Dorset benefiting from the Growing Places Fund

Apply for a Growing Places Fund loan 
We welcome loan applications from private sector businesses and public sector organisations operating in Dorset. Funding becomes available on an ad-hoc basis as projects repay their loans, which enables us to reinvest funds back into the economy.

Proposed projects must meet the following criteria:

  • The investment is capital, not revenue-based
  • 100% of the loan will be repaid within a maximum of five years from the award date
  • The minimum loan amount is £250,000
  • The investment is State Aid compliant
  • The project delivers benefits within the Dorset County area
  • The scheme supports the strategic priorities of Dorset LEP.

Read the Growing Places Fund Prospectus for more information, including details of the application and selection process. For more information you are welcome to contact:

Daniela Doncakova
Senior Programme Manager
T: 07802 721351