The Growing Places Fund is a circa £19m resource which passed to the county council when the LancashireLocal Enterprise Partnership was wound-up. The fund is deployed as a revolving loan fund to release commercial development projects in Lancashire. This report seeks approval to allocate this fund to the Lancashire Combined County Authority as part of a wider programme to migrate Lancashire Local Enterprise Partnership resource to the Combined County Authority.
Decision type: Key
Reason Key: LCC - Expenditure or Savings > £2,200,000;
Decision status: For Determination
Divisions affected: (All Divisions);
Notice of proposed decision first published: 07/05/2025
Anticipated restriction: Part I -
Decision due: 5 Jun 2025 by Cabinet
Lead member: Cabinet Member for Economic Development and Growth
Lead director: Director of Growth and Regeneration
Department: Lancashire Combined County Authority
Contact: Andy Walker Email: andy.walker@lancashire.gov.uk Tel: 01772 535629.