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 – £2,501,256.00
Private Spend:
- Contracted – £32,000,000.00
- Achieved to date – £12,119,518.00
*This figure includes a shortfall of £1,643,225 from Growing the Humber (2).
Outputs
New Jobs:
- Contracted – 525
- Achieved to date – 107
Approval Status
Business case approved
Delivery Status
Started
All locations are approximate.