A five-year pipeline of projects and programmes that can stimulate economic growth and new jobs in Coventry and Warwickshire is being established.
The Coventry and Warwickshire LEP is developing its Strategic Economic Plan and wants businesses, individuals and other organisations to come forward with projects and programmes that could qualify for government funding.
The CWLEP has already secured £89.4 million of funding from the Growth Deal with projects such as the Stratford-upon-Avon Start-up Hub and the new access to Coventry City Centre from the Railway Station among those benefitting.
Four themes have been set out for potential projects and if they fall into those categories, expressions of interest should be sent to the CWLEP.
They are research and innovation, infrastructure, skills capital and business growth & investment.
Previously submitted programmes and projects that did not secure funding from Growth Deal 1 and 2 still need to re-submit a new expression of interest to capture any changes to the project or programme.
Once the expressions of interest are received, a full application will be required at a later date but the initial process will help the CWLEP and partners build-up a more complete picture of the projects that will help to shape the region’s economy through to 2020.
Martin Yardley, chief executive of the CWLEP, said: “We have a very strong record of drawing down funding through the Growth Deal to provide capital support for projects across Coventry and Warwickshire.
“The projects have to make a significant contribution to the economic growth of the region and must also show how they support the creation of new jobs.
“We want to look ahead to funding rounds in 2017/18 and 2018/19 and by calling for these expressions of interest early, it means we can build a picture of what projects or programmes are likely to come on stream and where it might be possible to bid for government funding.”
Expressions of interest must be received by noon on Friday, September 18.
