Previous funding and investment

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.

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.

You can view the project summaries and progress updates in the Local Growth Fund document (PDF, 194 KB)

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.

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 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.