On 31 March 2017 the Solent Local Enterprise Partnership opened a new £12.5m fund to help create jobs, support businesses and encourage growth in the area.
The LEP is seeking employer-led skills capital proposals that address skills issues in the Solent area, which will be considered alongside key infrastructure projects unable to secure funding through the recent Solent Growth Deal 3.
Applicants to the new fund will be able to apply for funding to cover up to 70% of the initial costs of a project which will unlock wider private sector investment in the area.
Organisations have until 29th September 2017 to develop their business cases and the LEP hopes to see construction underway on the first projects supported through the new fund by April 2018.
Full information and guidance in relation to the fund, and the application form to apply, can be found below: