Grimsby Town Deal has recieved a further £3.5m investment

Grimsby in North East Lincolnshire has received a further £3.5m investment as part of the government’s Town Deal to create 8,000 new jobs and 10,000 new homes. 

The Grimsby town deal launched in 2018, with Grimsby being one of 100 places that are benefitting from the £3.6bn Town Deal.

The strategy was launched in order to build a stronger relationship between central government and local partners, it is focused on skills and education to drive productivity across the region.

Communities secretary Robert Jenrick announced the additional £3.5m funding today (March 2), including £2.2m of new investment for the next phase of its Town Deal.

The Humber Local Enterprise Partnership (LEP) has also awarded Grimsby with a further £1.3m, provided through the government’s local growth fund programme.

This funding brings the total commitment of public and private funding to over £90m.

Robert Jenrick, communities secretary said: ‘The Grimsby Town Deal has already provided millions of pounds of investment to support local plans to develop Grimsby town centre and help the business to create more high-quality jobs.

‘Grimsby is leading the way and we want to replicate this deal in over 100 towns that will benefit from the Towns Fund.

‘We want to level-up all parts of the country, ensuring that opportunity and prosperity are available to all and we unleash the potential of the Midlands and the North.’

Cllr Philip Jackson, leader of North East Lincolnshire Council said: ‘We’re delighted to have made further progress on our ambitions to deliver the Town Deal and grateful to the government for working with us to help deliver these schemes and get spades on the ground.

‘This announcement further cements the government’s belief in what we’re doing in Grimsby.

‘The Town Deal is acting as a catalyst to unlock a much wider regeneration programme for Grimsby town centre and the Port of Grimsby.

‘It has the potential to realise new commercial, cultural, leisure and residential opportunities on the port and on under-used land around Alexandra Dock.’

Photo Credit – Pixabay