More than £83 million is currently being invested into the region’s economy to create thousands of homes and jobs thanks to the Marches Growth Deal.
The LEP negotiated the deal to secure support from the Government’s Local Growth Fund which has seen £12.8m already going to key projects in Telford, Shrewsbury and Hereford.
These projects will deliver up to 6,000 jobs and 3,000 homes. Nearly £42m has been earmarked for follow-on projects across the wider Marches region over the following five years.
In 2015, the LEP also negotiated Growth Deal 2 which saw £7.7m invested in the region to support the rollout of superfast broadband.
A further bid for Growth Deal 3 funding is currently being negotiated.
The projects focus on three key areas, infrastructure, broadband and skills and you can find individual profiles of current projects on each of the below pages.