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Grimsby regeneration kickstarted with multi-million pound boost

Thursday July 11th, 2019

Northern Powerhouse Minister Jake Berry unveiled nearly £4 million of new investment into Grimsby as part of the next phase of its pioneering Town Deal – and hailed the town’s unprecedented regeneration strategy.BEIS Logo

As part of the second phase of the Town Deal, North East Lincolnshire Council will work with national charity OnSide to develop a brand-new Youth Zone in Grimsby town centre. OnSide currently successfully operates a national network of 12 Youth Zones across the UK with a number of others in the development pipeline.

The additional investment confirmed today will support the development of the strategic Garth Lane site and brings the total public and private investment through the Town Deal to £88 million, including £21 million of new investment since the launch of the Town Deal in July 2018.

The Grimsby Town Deal puts skilled jobs and education at its heart, a key part of the government’s modern Industrial Strategy for the UK, driving growth, productivity and boosting earning power across the region. The next stage of the Town Deal will also look at a programme to drive up educational attainment and enhance adult skills.

Northern Powerhouse Minister Jake Berry said:

“The investment we’re making through the UK’s first Town Deal will help drive forward regeneration, create new opportunities for residents, young and old, and ensure the future for Grimsby is a bright and prosperous one.

“This regeneration strategy builds on our work across the Northern Powerhouse and is an essential part of our modern Industrial Strategy, creating jobs and training opportunities, while supporting businesses across the North and the rest of the UK.”

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