We're very pleased to share that Charnwood Borough Council has secured £17 million from the government to invest in Loughborough. After a year and a half of battling the pandemic, the money will be used to help the town and its people thrive, grow and make Loughborough a great place to live.
Last Friday Charnwood Borough Council announced that they had secured a £17 million package of government funding. The money was secured after a successful bid from The Loughborough Town Deal Board, which includes a wide range of local organisations.
The money will be used to boost skills, jobs, and the economy, with 14 local projects already being prioritised for support.
Some of the local projects include the Loughborough Careers and Enterprise Hub, Loughborough Public Realm: Bedford Square Gateway, and The Generator - Creative Industries and Community Arts Hub.
Councillor Jonathan Morgan, the co-chair of the Town Deal Board and leader of Charnwood Borough Council, said: “This is fantastic news for Loughborough. The Town Deal investment will significantly boost the area’s recovery from the pandemic by creating jobs, improving skills, and making Loughborough a better-connected place where people want to live, work and visit.
“The town is brimming with potential and the Loughborough Town Deal is the key to unlocking it."
To find out more about the funding, you can read the Charnwood council press release here or watch Jonathan Morgan's announcement about the funding below.
If you enjoyed this article, you might also like these;