Growing the Humber is a business investment scheme providing grant funding to SMEs in order to stimulate growth, investment and job creation. The project extends by £8m the current £4m LGF funded scheme which has already exceeded its jobs targets. The refreshed scheme will complement and support access to the Northern Powerhouse Investment Fund, alongside local work to improve investment readiness.
PHOTOS – Growing the Humber (3)
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Project Dates
April 1, 2017 - March 31, 2021
Project Sponsor
Humber Local Enterprise Partnership/North East Lincolnshire Council
Location
Across the Humber
Funding
TOTAL PROJECT EXPENDITURE | £40,000,000.00* | |
Profiled | Achieved overall – up to end of Q4 20/21 | |
LGF Spend | £ 8,000,000.00 | £ 7,646,196.00 |
Private Spend | £32,000,000.00 | £42,435,190.00 |
* This figures includes a shortfall of £1,643,225 from Growing the Humber (2) |
Outputs
Profiled | Achieved overall – up to end of Q4 20/21 | |
New jobs | 525 | 396 |
Approval Status
Business case approved
Delivery Status
Completed
All locations are approximate.