The first three rounds of Growth Deals saw Coast to Capital secure an allocation of £292m from 2015-2021 to invest in capital projects or as allocations of funding to run as competitive rounds. All new projects funded from the Growth Deal are expected to contribute towards the Coast to Capital Gatwick 360 Strategic Economic Plan (SEP), the Coast to Capital Business Plan 19/20, in order to deliver economic outputs and growth.
Coast to Capital launched a new ‘call for projects’ in June 2019 to fund our remaining unallocated Growth Deal funding. This specifically targeted projects that contribute towards the Coast to Capital Gatwick 360 Strategic Economic Plan (SEP); to deliver economic outputs as detailed within the 8 priorities SEP, or to support medium term delivery of our Strategy.
8 Strategic Priorities;
- Priority 1: Deliver Prosperous Urban Centres
- Priority 2: Develop Business Infrastructure and Support
- Priority 3: Invest in SustainableGrowth
- Priority 4: Create Skills for the Future
- Priority 5: Pioneer Innovation in Core Strengths
- Priority 6: Promote better transportand Mobility
- Priority 7: Improve digital network capability
- Priority 8: Build a strong National and International profile
The minimum funding that could be applied for was £500,000 and the maximum is £2,000,000. All projects were required to demonstrate at least 50% match funding. Matched funding must be at least the required percentage of the total project costs.
Applications for funding are now closed.
11 projects were awarded funding at our Board meeting on Thursday 17 October. Full meeting papers and minutes can be found on our resource zone.
The following projects were awarded funding which are subject to due diligence and final checks:
- A new Brighton fibre ring (£832,647) - towards the creation of a 5.5km fibre ring which would directly connect strategic sites into the network and in so doing, enhance the connectivity and expandability of the nationally recognised Brighton 5G Testbed.
- Worthing Gigabit Coast (£676,500) - for the delivery of a new fibre spine to council owned assets with the aim of putting the county on the map as a key location for digital investment, innovation and expansion.
- Caterham Business Hub (£225,500) – Tandridge District Council is seeking to transform Quadrant House into a digitally enabled building that provides better business space for the community and to open a business hub facility in part of the building.
- Littlehampton Public Realm (£564,274) - The scheme involves transforming the town centre to create a modern, better-connected, pedestrian-friendly space.
- Local Nature Partnerships (£426,800) - Local Growth Funding towards the Surrey Wildlife Trust for a number of wildlife projects in the Surrey.
- Plumpton College (£831,265) - for the development of an Advanced Skills Centre for Horticulture and Woodland and Tree Management Science.
- Haywards Heath College (£1.2 million) - to enable the opening of Haywards Heath College in September 2020 to provide post-16 education to residents of Mid-Sussex.
- East Surrey College (£820,000) - to develop a new Advanced Skills Technology Centre at East Surrey College, Redhill for the delivery of advanced and higher technology skills. In addition, at John Ruskin College, Croydon the proposal is for investment in a new Technology Skills Centre.
- Croydon Creative Campus (£803,727) - supporting the expansion of London South Bank University (LSBU) in Croydon which will bring together faculties for life sciences, education, business, finance and digital and tech.
- Crawley Growth Programme (£820,000) – for Phase 3 of the programme which includes Enhancement of planned Superhub bus stops to provide multi-functional bus stops which also serve as public realm and green infrastructure.
- Converged Fibre Connectivity (£2 million) - for the delivery of 41.2km of full fibre infrastructure in West Sussex to support future digital technologies and improve digital connectivity in rural areas.