Previous funding and investment
Funding and investment we have received from schemes that have ended.
Local Growth Fund
The Local Growth Fund enabled the delivery of new major transport infrastructure in Beaconsfield and Aylesbury. It provided better skills opportunities in partnership with colleges and universities. It encouraged innovation and investment through industry leading technology hubs, including:
- Westcott
- Silverstone
- Pinewood
- Stoke Mandeville Hospital
The investment has also boosted rural digital connectivity giving over 57,000 premises access to ultrafast and Gigabit broadband services.
Milestones achieved by the Local Growth Fund
Other improvements to the county enabled by the Local Growth Fund include the:
- construction of 7.5km of new road links, enabling 10,000 new homes to be built
- reducing flooding risks to 1,400 homes
- creation of over 5,000 jobs and apprenticeships
- construction of new education and training facilities for over 8,400 people
- construction of 18km of new cycleways
- provision of access to superfast broadband to 76,000 premises
- creation of 238,000 square metres of new business, commercial and innovation space.
Funding summaries, projects and progress updates
View the Local Growth Fund allocations by year.
View a summary of local growth fund designation.
View the project summaries and progress updates:
- High Wycombe Town Centre Masterplan & Southern Quadrant Transport Scheme
- A4 Sustainable Travel Scheme
- A413 Sustainable Travel Scheme
- A355 Improvement Scheme
- Aylesbury Eastern Link Road (Southern) and Stocklake Link (Rural)
- Transforming Buckinghamshire College Group's Estate
- National Film and Television School Digital Content Hub
- Future Networks Development Centre
- Satellite Applications Innovation Centre
- Aylesbury Training Group Technical Skills Project
- Bucks Lifescience & Innovation Centre
- Marlow/Maidenhead Rail
- Connected Counties Project
- Vinson Centre for Liberal Economics, Innovation and Entrepreneurship
- Stoke Mandeville Relief Road (South East Aylesbury Link Road)
- Silverstone Innovation Centre
- BNU Digital Innovation Lab
- Bucks Creates at Pinewood
- National Centre for Immersive Storytelling
- Centre for AI & Innovation
- A404 Globe Park Westhorpe access to Business Park
- Local Growth Appraisals 2020 reallocation Summary report
Getting Building Fund
The Getting Building Fund was setup to support the UK’s economic recovery following the COVID-19 crisis.
The programme funded local, ready-to-start infrastructure projects which supported local businesses, people and places to thrive.
This funding is driving economic recovery and supports the continued delivery of Buckinghamshire’s Local Industrial Strategy and growth within our four key sectors:
- Upstream Space
- Creative and Digital
- Advanced Engineering and Manufacturing
- Medical Technology and Health
Funding was successfully allocated to all the projects. The original allocation of £7.7m of the Government’s Getting Building Fund leveraged over £14.5m of private match funding, which resulted in a total capital investment of £22.5m.
Funding projects and progress updates
View the project and progress updates:
- The Westcott Disruptive Innovation Space Centre
- The Rural Broadband Programme and Gigabit Voucher Top Up Scheme
- European Astrotech Ltd - Centre of Excellence for Rocket Engine and Flow Tests Facility
- Satellite Applications Catapult - Innovation Ecosystem at Westcott
- Flannery Plant Hire Ltd - Bucks Operator Skills Hub
- URA Thrusters Ltd - TESTA – Novel Test Facility at Westcott
- LUNAZ Group - LUNAZ Applied Technologies
- England’s Economic Heartland - East West Rail-Fibre Provision Upgrade
- D2H Advanced Technologies - Advanced Braking Facility
Expected improvements following the investment
The improvements are expected to include:
- 467 new jobs created
- 31 jobs safeguarded
- 3,618 square metres of new commercial space
- 8,373 square metres of new research and development space
- 836 square metres of new learning space
- 3,492 learners assisted
- 121 businesses supported
- 22,800 broadband connections created
European Structural Investment Fund
European Structural Investment Funds (ESIFS) includes money from:
- European Social Fund (ESF)
- European Regional Development Fund (ERDF)
- European Agricultural Fund for Rural Development (EAFRD)
View the projects in Buckinghamshire that were funded by ESIFs.