ENTERPRISE M3 LEP drives the economic growth of the area by working with businesses, key delivery partners and central government. We translate and signpost opportunities for business and other partners including funding. We bring people, business, public and not-for-profit sectors together and share our insights and data. We do all this to make Enterprise M3 ‘the’ place to do business.
The Enterprise M3 area has been allocated €50m of European Structural and Investment Funding for the 2014-2020 funding period. This is made up of €25.2 of European Regional Development Fund (ERDF), €20.46m of European Social Fund (ESF) and €4.4m of European Agricultural Fund for Rural Development (EAFRD) funding.
Growth Deals provide funds to LEPs for projects that benefit the local area and economy. To date, there have been two tranches of Growth Deal funding - the first in July 2014 and the second in January 2015.