Six projects across Hull and East Yorkshire are set to receive a share of £13.4m in funding, with the potential to create up to 1,300 jobs in our region.
The list of projects was agreed by the Humber LEP Board this morning, after the announcement of the area’s allocation from the Government’s ‘Getting Building Fund’ last week. The fund is designed to support ‘shovel ready’ projects to progress in the next 18 months and kick-start the economy.
Not only do the schemes have the potential to create new employee roles, they could create additional construction jobs, create 1000s of sqm of new office space, see 1,120 new homes built, and enable an additional 247 employees to cycle to work.
The Getting Building Fund is part of the Government’s ‘New Deal’ programme in response to the economic impact of the COVID-19 lockdown.
These schemes will all contribute to the local economic recovery – supporting the creation of new sustainable jobs, the resilience and sustainability of the local transport network, and accelerating the development of new homes. They meet the Government’s aim of a green recovery – which is in line with the Humber’s aims of becoming net-zero by 2040.
The Humber LEP’s in-principle allocation of the Getting Building Fund will unlock a total of £192.86m investment in the area altogether.
The six projects are:
Growing Hull and East Yorkshire (£1.5m allocation): This scheme will offer capital grants to SMEs, focussing on job creation and stimulating investment opportunities, and also importantly supporting the safeguarding of jobs and the green recovery. It is an extension of the successful Growing the Humber scheme, which has invested £35.3m since 2013, leveraging £122m from 439 businesses and supporting the creation of 2,814 jobs.
Hull and East Yorkshire Highways Resilience Programme (£2m allocation): This programme will support road maintenance schemes in Hull and East Yorkshire, in the East Riding focusing on repairs to A-roads, while in Hull the project will support road repairs in Hull before major construction begins on the £355m A63 Castle Street scheme.
RaisE Business Centre and Innovation Hub (£1m allocation): The RaisE Business Centre and Innovation Hub will be adjacent to the Siemens Mobility train factory on the Goole 36 Enterprise Zone. It will provide high-tech managed workspace and R&D facilities for SMEs in manufacturing, engineering, and rail supply chains, and has been developed in partnership with Siemens Mobility and the UK Rail Innovation Network (University of Birmingham), which will also have a presence on the site.
Delivering Housing Growth Programme – Ings and Wawne 2 – (£4.8m allocation): A new spine road and electrics in Ings could see a further 310 homes built on location sooner than expected, while in Wawne a further 850 homes could be built sooner than expected with the installation of a new spine road and drainage, adding to existing new homes currently being built on both sites.
Hull & East Yorkshire Cycle Route Delivery Programme – Phase 1 (£2.7m allocation): A programme of cycle infrastructure upgrade and provision of new cycle facilities which will focus on provision in Hull and East Riding along Beverley Road (A1079) and the route from Cottingham to the City Centre.
Managed Workspace Programme (£1m allocation): A package of new and improved managed workspace offers to meet demand and stimulate economic recovery in Hull and East Riding. This programme will include investment in the Grovehill site in Beverley, BeSpoke Business Resource Centre in Bransholme and Boulevard 4 to complement the existing Louis Pearlman Centre. Each site will provide excellent opportunities for small business development and job creation.
Applications for Growing Hull and East Yorkshire will open shortly. Other projects will receive final funding confirmation following individual business case appraisals.
Chair of the Humber LEP, Stephen Parnaby OBE, said: “I am pleased the Humber LEP Board has allocated this funding to projects across Hull and East Yorkshire that will support new jobs, safeguard existing jobs, see houses built and roads improved, as well as help support the Humber’s mission to become net-zero by 2040.
“These six projects have the potential to support our residents not just in the next 18 months, but will provide a lasting impact and benefits.”
Councillor Stephen Brady, Leader of Hull City Council, said: “We welcome these projects as we work closely with the Humber LEP and East Riding of Yorkshire Council to support businesses in the region.
“These schemes will help to create new jobs in the city and also support our transport networks, which is good news for Hull’s ambition to become a cycling city and for our 2030 carbon neutral pledge.
“It will also help with the building of new homes in the city. We have already accelerated the city’s house-building programme which has allowed us to consistently exceed targets set by the government.”
Councillor Richard Burton, Leader of East Riding of Yorkshire Council, said: “Working with Hull City Council and the Humber LEP, we welcome the allocation of funding for such a diverse range of projects that will provide a real boost for both the East Riding and the city of Hull.
“Supporting local construction is vitally important to our local economy and will help our region to recover and thrive as well as providing real and tangible benefits for motorists, cyclists and the travelling public by improving our highway and cycling infrastructure.
“As well as infrastructure, the funding will also help support local small-and-medium-sized enterprises, which are the lifeblood of the East Riding economy, and provide opportunities for job creation and retention.
“The progression of the new business centres in Goole and Beverley is also really positive news, as they will play a key role in the ongoing development of the region’s economy and in attracting further inward investment to bring new prosperity to the East Riding.”