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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)

Are you a business looking for funding? Visit our main Growing the Humber page.

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*

LGF Spend:

  • Contracted – £8,000,000.00
  • Achieved to date – £4,937,970.00

Private Spend:

  • Contracted – £32,000,000.00
  • Achieved to date – £24,424,695.00

*This figure includes a shortfall of £1,643,225 from Growing the Humber (2).

Outputs

New Jobs:

  • Contracted – 525
  • Achieved to date – 252.2

Approval Status

Business case approved

Delivery Status

Started

Last updated: May 7, 2020

All locations are approximate.