Expanded Growth Deal Fires up the Derbyshire Economy
Government and D2N2 – the Local Enterprise Partnership for Derbyshire and Nottinghamshire – today agreed an additional investment package to further accelerate economic growth locally.
This brings total funding to a staggering £196.2m being awarded from the Government’s Local Growth Fund over six years.
David Ralph, Chief Executive of D2N2 Local Enterprise Partnership, said:
“Local places know their areas best and the expansion of the Growth Deals further demonstrate Government’s commitment to working with local areas and is a continuation of the changing relationship of devolved funding.
“We are continuing to develop the D2N2 economy as nationally recognised excellence in skills development and innovation in key economic sectors such as planes, trains and automobiles, life sciences and the low carbon economy. The expanded Growth Deal helps deliver that aspiration, and will help inspire our business base to work collaboratively to deliver the new jobs, in the right place, at the right scale.”
Peter Richardson, Chairman of D2N2, said: “We are absolutely committed to positioning this area to compete in the global economy and secure our goal of helping create 55,000 private sector jobs by 2023. The £22m in our expanded Growth Deal will help secure a strong, sustainable and increasingly resilient economy in D2N2, the UK’s most inspirational postcode.”
