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Thames Valley Berkshire

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Investing in Growth

We contribute to the sustainable economic growth of the Thames Valley Berkshire area through the implementation of a Strategic Economic Plan and European Structural & Investment Funds (ESIF) Strategy. These drive a wide range of interventions, which are funded through the investment of capital (and in the case of ESIF, some revenue) funds secured by the LEP through government-led, competitive processes.

LOCAL GROWTH 
FUND (LGF)

EUROPEAN STRUCTURAL &
INVESTMENT FUNDS (ESIF)

£142,560,000 Capital Grant Fund ring-fenced to implement specific projects in the Growth Deals from 2015/16 to 2021/22.

The details of the projects, their status and the level of investment is set out in the Investment Summary here:

£25,000,000 over the period 2014-2020. With match funding, this represents £50m investment over 7 years.

The details of the projects, their status and the level of investment is set out in the Investment Summary here:

BUSINESS RATES
RETENTION PILOT
(BRRP)

GROWING PLACES FUND
(GPF)

The Berkshire Leaders have agreed to invest £36,000,000 of the retained business rates, into strategic infrastructure projects that will help drive our area’s productivity.

The details of the projects, their status and the level of investment is set out in the Investment Summary here:

£15,048,179 Revolving Capital Loan Fund to stimulate economic activity by addressing infrastructure and site constraints, and promoting the delivery of jobs & housing.

The details of the projects, their status and the level of investment is set out in the Investment Summary here: