Local Growth Fund (LGF)

The Local Growth fund (LGF) was announced in 2013 as a single £12 billion pot of devolved funding aimed at delivering a range of initiatives to support local economic growth.

Project details

Portfolio: Economy

Funding amount: £270 million

Delivery partner: North East LEP

This fund supports the following projects in the North East:

 

Project nameProject locationFunding amountStatus
East Pilgrim StreetNewcastle£4,350,000Complete
A19/A189 Seaham Murton interchangeCounty Durham£4,200,000In progress
Newcastle Central Station GatewayNewcastle£4,000,000In progress
International Advanced Manufacturing Park (IAMP)Sunderland£41,150,000Ongoing
Northumberland Energy ParkNorthumberland£4,440,736Ongoing
Pattern Shop, NewcastleNewcastle£1,650,000Complete

 

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