D2N2 wins £44.4m boost
As part of the Government's ’New Deal’ announcement, Bondholder D2N2 Local Enterprise Partnership has received a £44.4 million cash boost to fund ‘shovel-ready’ projects to help the local economy and create jobs.
The investment will support economic recovery as a result of the Covid-19 pandemic and will be used to improve digital infrastructure, support skills and career opportunities, and help the transition to a low carbon economy.
David Williams, interim Chair of the Local Enterprise Partnership, said: “As we reshape our Local Industrial Strategy to reflect the impact of the COVID-19 pandemic it’s essential we remain flexible to support our communities, that we adapt to new opportunities, and build an economy that it is more resilient in the long term.”
“We will continue to work with government on future funding for investments to support our ambitions for the region.”