£100m regional growth deal signed - The Coventry Observer

12th Aug, 2022

£100m regional growth deal signed

Coventry Editorial 17th Sep, 2014 Updated: 28th Oct, 2016

A DEAL which could be worth up to £100m to the local economy has been signed by the Government.

Cities Minister Greg Clark agreed a Growth Deal with the Coventry and Warwickshire Local Enterprise Partnership (CWLEP) which will see the government invest around £75m in the region over the next two years.

An extra £32.9m will come from local partners, and £0.4 million from the private sector, bringing the total to £107.5m.

The money will fund projects including improving train services in the North-South Rail and Coventry Station scheme, providing offices for new small and medium-sized businesses at Ansty Park, and launching skills and start-up initiatives in Coventry, Stratford and Leamington.

Coun Izzi Seccombe, leader of Warwickshire County Council and CWLEP board director, said the county council would work closely with the CWLEP so that businesses in the area could benefit.

Coun Ann Lucas, leader of Coventry City Council, added: “The Growth Deal will help the many firms who already enjoy the benefits of being in the heart of the country to grow and expand, and will encourage new investment, with more companies looking to relocate to the city and the county.

“It is further proof that Coventry and Warwickshire is the place to be for companies looking to benefit from our wonderful location, excellent transport links and a highly skilled workforce.”

Support community journalism by making a contribution.

The Coventry Observer's team of journalists provide a trusted source news, sport, entertainment and events going on in your area and issues which matter to you - both via our free weekly print edition and daily updates on our website.

Every contribution, however big or small, you can make will help us continue to do that now and in the future.

Thanks for reading this and the Coventry Observer.

Are you on Facebook?

Like or follow our Facebook page - facebook.com/CovObserver to get daily news updates straight to your news feed.


We can provide all of your printing needs at competitive rates.

Buy Photos

Buy photos online from the Coventry Observer newspaper.


Find a career you'll love with our free career finder website.

Reader Travel

Check out all of the latest reader travel offers to get your hands on some free gifts.