In D2N2, the funded projects are expected to deliver wide-ranging support and diversification of the local economy and will assist nationally important industries including manufacturing and aerospace.
Amongst the portfolio of funded projects, there is also a strong focus on research and development in modern construction techniques, food manufacturing, electrification of flight and low-carbon technologies.
There is a key focus on job opportunities, including in the health sector where there is strong demand.
Sustainability runs through the programme along with encouraging diversification of the town and city offer; unlocking housing and associated infrastructure to support them as thriving centres.
Projects receiving funding within D2N2 include:
- A centre of excellence for modern construction techniques and digital technology in Chesterfield
- A spine road to unlock further phases of development at Berry Hill in Mansfield and includes community facilities
- The new Bridge Court Health Education campus in Worksop which will provide further education opportunities in the health and digital sectors
- The UK Electrification of Aerospace Propulsion Facility at the University of Nottingham
- A Digital Turbine Centre in Worksop which will establish 5G Hub and act as a catalyst for skills and innovation development
- The Manufacturing Research Centre based on Infinity Park in Derby
- Key infrastructure developments designed to unlock the development of the former Drakelow power station in South Derbyshire
- Smartparc, a food innovation park built on a 140-acre brownfield site near Derby
- The renovation and repurposing of municipal buildings in Glossop, turning them into incubation units for business start-ups
- Further investment into the Southside project in Nottingham to remove blight through the demolition of a derelict shopping centre.
All project funding is subject to the delivery of a full business case which will be considered by the D2N2 Investment and main Boards.
Housing Secretary Rt Hon Robert Jenrick MP said: “As we get Britain building we are also laying the foundations for a green economic recovery by investing in vital infrastructure for local communities, creating jobs and building environmentally-friendly homes with a huge £1.3 billion investment announced today.”
“This government is determined to level up all parts of the country and this funding will not only give a much-needed boost to our economic recovery, it will help build the good quality, affordable homes the country needs.”
David Williams, Interim chair of D2N2 said: “We very much welcome the announcement by the government. This will provide a major stimulus for our communities across the region.
“We believe the size of the allocation demonstrates a belief in what the D2N2 Local Enterprise Partnership can deliver and a testament to the collaborative working between the LEP and its partners.
“As we reshape our Local Industrial Strategy to reflect the impact of the COVID-19 pandemic it’s essential we remain flexible to support our communities, that we adapt to new opportunities, and build an economy that it is more resilient in the long term.”
“We will continue to work with the government on future funding for investments to support our ambitions for the region.”