LOCAL GROWTH FUND

 

Dorset LEP successfully secured £98.4 million of Local Growth funding for Dorset through the government's Growth Deal to bring together local, national and private sector funding. The fund has unlocked key housing and employment sites, created more highly skilled jobs, and supported economic growth.

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Dorset LEP has successfully delivered the Local Growth Fund on time and to budget.

Dorset LEP funded 54 projects through the Local Growth Fund which improved and developed transport, infrastructure, education, digital, health and wellbeing, research and innovation, business sites and tourist attractions across the county.

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
  • Working towards a more sustainable future for Dorset

Dorset LEP has been managing this wide ranging programme of growth projects since its launch in 2015, which by 2025 aims to create:

  • 20,119 jobs & apprenticeships 
  • 4,777 houses
  • 75,498 new learners assisted 
  • 26,927 area of new or improved floorspace (m2) 

View projects in Dorset benefiting from our Local Growth Fund

Local Growth Fund achievements to date

Our Local Growth Fund investment delivered a wide range of schemes to revitalise and strengthen specific geographical and industry sectors in Dorset. Through our careful portfolio management, we made significant savings in our delivery programme which enabled a series of new economic development projects to be fast-tracked.

£98.4 million spent

54 projects funded

£246,644,367 total investment (including match funding up to March 2021)