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- Plans for Growth
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Plans for Growth
In this section, you can find out about and download a range of key plans that will help to shape the Black Country and its economy during the coming years.
Please visit the specific pages for more details:
Strategic Economic Plan
The Black Country Strategic Economic Plan (SEP) sets out the vision, objectives, strategy and actions to improve the quality of life for everyone who lives and works in the Black Country, an area with unique assets, challenges and opportunities. The strategy builds on our 30 year vision and covers programmes to deliver across 3 drivers of change:
- People – raising employability, education and skills;
- Place – Transforming the Black Country Infrastructure and Environment
- Business – Improving Black Country Business Competitiveness and is underpinned by a clear Performance Management Framework.
For further information on the Strategic Economic Plan click here.
Delivery of the Strategic Economic Plan includes a range of funding streams, such as those below.
Black Country Growth DealThe Black Country Growth Deal, ‘Made in the Black Country, Sold around the World’ agreed with Government is worth over £162 million and will generate an additional £400 million in public and private investment totalling £562 million.
How to apply for Growth Deal funding
The Black Country LEP is seeking proposals for projects that can accelerate the creation of jobs and boost economic growth. Any organisations or businesses that are interested should download and complete the Initial Proposal form on the Apply for Growth Deal funding page.
Site Investigation Fund
Available for site condition surveys and costed remediation strategies.
For further information on the Site Investigation Fund click here.
The Black Country City Deal will build on the long history and high performance of Black Country manufacturing and support the growth of high value manufacturing (HVM), particularly in the automotive and aerospace sectors.
For further information on the Black Country City Deal click here.
Black Country Investment Fund
Available through a £20m Public Works Loan Board (PWLB) project rate loan facility to stimulate the local commercial land market through the provision of finance to developers of key industrial sites.
For further information on the Black Country Investment Fund click here.
Growing Places FundA revolving fund, hence open to further application as funds repaid. In this regard, around £5 million capital will be available over the forthcoming 12-18 months based on recycled capital and interest from previous funding rounds.
For further information on the Growing Places Fund click here.
EU Structural & Investment Funds Strategy January 2014
The document provides the overall framework, rationale for interventions and set of investment areas for use of European funding (ERDF and ESF) in the Black Country over the period 2014-20.
The ESIF programme was successfully launched in the Black Country in the spring of 2015, with an estimated total value of £152 million.