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Birmingham Post
Birmingham Post
Business
David Laister

£2m funding pot created to support clean growth ambition for key South Bank projects

A new Clean Growth Accelerator Fund has been launched by Greater Lincolnshire Local Enterprise Partnership.

The organisation has reallocated funding received to build on the 10-point plan for a green industrial revolution and recently released UK Innovation Strategy.

Capital-focused projects over £1 million related to decarbonisation and driven by research and development aer sought, with the emphasis on key sectors.

Roles within the UK Food Valley and Humber Freeport are highlighted, together with defence, visitor economy and health and care sectors

Delighted to announce it, Pat Doody, chair of Greater Lincolnshire LEP, said: “Not only will this fund help us to achieve our Net Zero ambitions, but it will also ensure that innovation remains at the heart of our economic growth.”

A minimum grant request of £500,000 is set. “The funds must be spent by July 2024, and outcomes must be delivered by 2026/27, so any proposals submitted need to be already well progressed in terms of design, planning and match funding,” Mr Doody said.

The closing date for submissions is 5pm on February 28.

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