Local Enterprise Partnerships: Finance

(asked on 19th May 2022) - View Source

Question to the Department for Levelling Up, Housing & Communities:

To ask Her Majesty's Government what will be the funding basis for those Local Enterprise Partnerships not integrated into local authorities, bearing in mind that those which are companies limited by guarantee must meet the test of being 'going concern' as contained in company law.

Answered by
Lord Greenhalgh Portrait
Lord Greenhalgh
This question was answered on 6th June 2022

As set out in the Local Enterprise Partnerships integration guidance published on 31 March 2022, Local Enterprise Partnerships will each receive £375,000 core funding for financial year 2022-23. No decision on core funding beyond 2022-23 has yet been made.

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