LOCAL GROWTH FUND

 

Dorset LEP have successfully secured a £98.5 million Local Growth Fund for Dorset through the government's Local Growth Deal to bring together local, national and private sector funding. The fund will unlock and unblock key housing and employment sites, create more highly skilled jobs, and support economic growth.

Skip Navigation LinksHome  >  Investment projects  >  Overview  >  Local Growth Fund

To date, 41 projects and programmes across Dorset have received Local Growth Deal funding, ranging from major transport improvements, university facilities and new housing to business sites and tourist attractions.

Our projects focus on:

  • Enabling growth in key housing and employment sites
  • Creating the right conditions for economic growth
  • Supporting Dorset businesses
  • Growing the Dorset skills base

 By 2025, the £98.5 million investment in Dorset is expected to result in: 

  • £1.148 billion private investment 
  • Up to 31,800 new and safeguarded jobs
  • Up to 5,800 new homes

View projects in Dorset benefiting from our Local Growth Fund

Achievements to date

By the end of September 2019, a total of £61.4 million was spent across 41 projects in the local economy, delivering 2,543 new jobs, 2,074 new homes and £254.3 million of additional local investment for Dorset. The funding has also helped to train 1,763 students and apprentices.

£61.4 million spent

41 projects

2,543 new jobs

2,074 new homes

£254.3 million total investment

1,763 students and apprentices trained