2014-2021 LOCAL GROWTH FUND HIGHLIGHTS £ 169m Local Growth Deal funding secured by SWLEP £ 349m private and other public sector match attracted
22 local schemes supported plus three major transport schemes retained by the Department for Transport
8,427 jobs created to date £ 34.5m spent in 2020-21
The Local Growth Fund Programme 2014-2021
Between 2014 and 2016 , SWLEP struck three Growth Deals with Government securing £ 169m of public funding into capital build projects . As a result of this investment SWLEP has invested £ 101.5m in the delivery of 22 investment projects , the remaining £ 67.5m was retained by the Department for Transport ( DfT ) for major schemes in Swindon . The DfT retained funding supported three local transport schemes which are due to be completed by mid-2022 .
The beneficial impact of the Local Growth Fund programme will be felt for years to come . It has : enabled the better flow of traffic along the M4 with improvements at Junctions 15 , 16 and 17 eased the flow of goods and people along the A350 with the dualling of sections of the road at Chippenham and funded improvements at the town ’ s railway station invested in a range of place-shaping schemes in Swindon , including improved sustainable travel and public transport , as well as enabling the development of new homes at Wichelstowe and Eastern Villages supported Salisbury ’ s recovery from the Novichok incidents in 2018 and invested in groundwork improvements to the Riverpark development supported digital improvements through investment in the Wiltshire Ultrafast Broadband Programme and the redevelopment of the Digital Mansion House in Corsham enabled skills development of residents and young people through investment into technical and Higher Education at Wiltshire College & University Centre ’ s campuses based in Lackham and Salisbury funded development work for transformative town centre regeneration plans . These included the Swindon Cultural Quarter , Salisbury ’ s People Friendly Streets and a business case for a state-of-the-art Innovation Centre for the Circular Economy at Wroughton Airfield .