Growing Places Fund – performance

The Growing Places Fund (GPF)  loan scheme is a Government-back scheme, put in place specifically to assist stalled transport and infrastructure projects that will boost the local economy.

GPF loans are allocated through the LLEP to schemes that will accelerate the building of homes, office and commercial development space.

There have been three rounds of GPF and to date, a total of £13.5 million has been loaned in our area, which will yield the following outputs:

Jobs Homes Employment Land Created Public Environment

(Commercial Floorspace Sqm)

Projects Supported Transport Infrastructure Improvements (Ha)
1,650  371 11,238 Sqm 10 39.1Ha

The GPF has contributed to the following projects:

  • Old Dalby Enterprise Village
  • Donington Park Formula E
  • Optimus Point
  • Leicester Waterside Project
  • Velodrome Site
  • Abbey Quarter
  • Ashton Green
  • Norton Motorcycles

It’s been an incredibly successful scheme so far. But don’t take it from us, see what the businesses have to say: