A groundbreaking £15 million fund is set to invigorate the North of England’s tech and creative industries. This initiative aims to foster a strong cultural and technological future.
Announced by Culture Secretary Karen Bradley, the fund presents a vital opportunity for regions to craft innovative projects, offering cultural and economic uplift.
Northern towns and cities will have the chance to partake in this substantial investment, designed to establish a lasting legacy from the Great Exhibition of the North. The focus is on projects that can significantly enhance community engagement, providing new opportunities for residents to immerse themselves in local culture and creativity.
By leveraging this fund, the government aims to capitalize on the momentum created by the Great Exhibition of the North, slated for Newcastle and Gateshead in 2018. The exhibition, funded with £5 million, will celebrate Northern art, design, and innovation, bringing communities together.
As part of this initiative, local enterprises are encouraged to submit bids showcasing transformative ideas. The deadline for bid submission is 30 November 2017, with successful projects announced by March 2018.
With a robust structure, LEPs are tasked with identifying and endorsing projects that embody the fund’s objectives.
This funding is crucial to enhancing the North’s cultural landscape and economic vitality, ensuring the region’s dynamic evolution.
Northern Powerhouse Minister Jake Berry reinforced this sentiment, noting the North’s dual standing as a cultural and economic powerhouse.
Successful projects will be those that promise sustainable cultural regeneration, fostering an enriched future for the Northern regions.
The £15 million investment stands as a pivotal moment for the North of England, promising to revolutionize local tech and creative industries.
With strategic and insightful planning, this fund is poised to ensure a vibrant legacy beyond the Great Exhibition of the North.