Suffolk Director Magazine
helping you to run your business better

news

What's happening in the Suffolk business community

New Anglia LEP makes a call for £19m for capital projects in the East

£19m call for capital projects

New Anglia Local Enterprise Partnership (LEP) is making a £19m call for capital projects which will boost skills and productivity in the East.

The new call has a specific focus on delivering the ambitions of the Economic Strategy for Norfolk and Suffolk. The Strategy sets ambitious targets for the area, including growing our £35bn economy by £17.5bn in real terms by 2036, creating 88,000 new jobs and 30,000 successful new businesses and making measurable improvements to skills and productivity in the two counties.

New Anglia LEP has signed a £290m Growth Deal with Government, which has helped to fund more than 30 projects across Norfolk and Suffolk since 2014, ranging from infrastructure and flood defences to innovation centres and business support programmes. This total investment is forecast to attract £628m extra investment over the next ten years. 

Following detailed analysis of the LEP’s Capital Growth Programme to date, the call for new projects will have a specific focus on the themes of Skills, Innovation and Productivity.

More information on the LEP’s Growth Deal with Government, including current projects and FAQs, can be found at newanglia.co.uk/growth-deal/. Guidance information can be found here.

Sue Wilcock