Work to unlock substantial funding for major projects to boost Long Eaton’s regeneration drive is now underway.
Long Eaton was named towards the end of last year as one of the UK towns that could be in line for funding of up to £25m through the government’s Towns Fund – with individual councils able to submit a bid for funding.
In the first stage of the process, a Long Eaton Town Deal Board has been set up and its first meeting was held at the end of January. Its role will include developing a detailed Town Investment Plan which is expected to be produced by the summer of this year.
Membership of the Board is drawn from across the community, including the council, community interest groups, Erewash MP Maggie Throup, local businesses and the Local Enterprise Partnership as well as strategic partners such as Derbyshire County Council.
Residents will also have an important role to play and Erewash Borough Council will be consulting them and asking them for their views and ideas.
Once in place, the Town Investment Plan will be used to put together a business case to apply for funding from the government.
Councillor Michael Powell, Erewash Borough Council’s Lead Member for Regeneration and Planning, says:
“This is a fantastic opportunity to bid for millions of pounds of funding. Much work lies ahead to develop the best proposals possible for the economic growth of Long Eaton.”
The council was awarded funding in November last year to help meet the costs of setting up the Board, running business and public information events, developing the Town Investment Plan and securing technical expertise for business case development.
The Town Fund is a government initiative designed to highlight the role towns can play in increasing economic growth with the focus on matters like planning and land use, developing local transport schemes that complement regional and national networks and ensuring towns have the space to support skills and small business development.