For the last ten years, Lancashire’s Growing Places Fund (GPF) has helped investors, developers, and entrepreneurs turn their business ideas into reality.
It lends money to companies who require funding for local property schemes, infrastructure projects, and other inward investment activities, which have the potential to boost the Lancashire economy.
Typically, these are developments where there is a funding gap in the project’s overall finance package which mainstream funders (such as banks) are reluctant or unable to fill.
Since starting in 2013, the GPF has already invested over £40m in developments of all types and sizes across the county, which in turn has generated £100m of private investment, and supported over two thousand new jobs.
The GPF, which is managed by the Lancashire Enterprise Partnership (LEP), is still open to applications. To find out if your project might qualify, or for more information about the GPF, click here for an introductory guide to the fund.
You can also read about some of the schemes and projects that the GPF has supported here , and there’s a great example of how the GPF can drive local social value here.
If, having read our introductory guide you believe you have a property development (or other investment opportunity) which could potentially qualify for an GPF loan, you can submit an expression of interest via the form below.
If your project successfully passes this initial stage, the LEP will then get in touch to discuss how you can progress your application.
Alternatively, you can contact the Fund Manager, Sue Roberts
If you have a scheme in Lancashire which you feel may qualify for a Growing Places loan, please complete the form below