Funding

HotSW LEP aims to offer transparency and accountability showing the full extent of its funding programme. The links below set out details of the projects that have received funding via the Heart of the South West LEP investment programmes.

The links include details of grants/loans in relation to the Growth Deals(GD)/Local Growth Fund(LGF), the Growing Places Fund(GPF), the Rural Enterprise Grant(REG) and the Rural Growth Network(RGN).

A number of these projects span several years; the figures refer to the total project award.

Somerset County Council acts as the accountable body for the LEP’s core revenue funding and the Growth Deal /Local Growth Fund. Devon County Council is the accountable body for the Growing Places Fund, Regional Enterprise Grant and Regional Growth Network.

Funding Allocations

This table was last updated on 01st August 2018.

Project nameLeadProgrammeStart dateFunding
(£m)
Funding
(£m Match)
Funding
(Total)
DC Homes, BridgwaterDC HomesGPF (loan)Apr 20154.5003.0007.500
Science Park, ExeterExeter Science Park LtdGPF (loan)Jan 20134.5003.4507.950
Millfields, PlymouthMillfieldsGPF (loan)Nov 20132.1003.0205.120
Ocean StudiosPlymouth Ocean StudiosGPF (loan)Apr 20140.8003.3004.100
Concise HomesBridgwater Concise HomesGPF (loan)Oct 20131.43615.00016.436
BDUK Extension (CDS)Somerset County CouncilGPF (loan)2019/204.20016.20020.400

This table was last updated on 8th May 2019.

Project nameLeadProgrammeStart dateFunding offer
(£m)
Growth HubSercoLGF (GD1/2)01/02/161.010
Yeovil Western Corridor capacity upgradeSomerset County CouncilLGF (GD1)05/01/176.490
Torbay Western CorridorTorbay CouncilLGF (GD1)01/06/168.250
Bridge Road, ExeterDevon County CouncilLGF (GD1)07/07/145.300
Derriford Transport SchemePlymouth City CouncilLGF (GD1)23/02/1610.239
A382 widening, Newton AbbotDevon County CouncilLGF (GD1)01/02/166.500
Torquay GatewayTorbay CouncilLGF (GD1)01/02/162.490
Huntworth Roundabout BridgwaterSomerset County CouncilLGF (GD1)01/09/151.910
A361 Portmore to Landkey Stage 1Devon County CouncilLGF (GD1)01/02/160.790
Derriford Hospital InterchangePlymouth City CouncilLGF (GD1)01/12/151.400
Taunton Rail Station EnhancementsSomerset County CouncilLGF (GD1)01/02/164.600
Torquay town centre accessTorbay CouncilLGF (GD1)01/02/160.293
Roundswell Phase 2, BarnstapleDevon County CouncilLGF (GD1)01/02/162.000
A38 Deep Lane junction, SherfordDevon County CouncilLGF (GD1)01/03/162.000
A379 Newcourt junction, ExeterDevon County CouncilLGF (GD1)01/02/161.000
Marsh Barton, Exeter, New Railway StationDevon County CouncilLGF (GD1)01/10/153.521
Plymouth Northern Corridor cycle networkPlymouth City CouncilLGF (GD1)01/09/162.100
Plymouth Eastern Corridor cycle networkPlymouth City CouncilLGF (GD1)06/01/173.420
Plymouth Charles Cross and Exeter RoadPlymouth City CouncilLGF (GD1)01/02/182.10
Bridgwater College Hinkley Skills CapitalBridgwater CollegeLGF (GD1)26/02/165.146
Plymouth College Stem CentreCity College PlymouthLGF (GD1)01/06/155.430
Hinkley HPTA package – BictonCornwall CollegeLGF (GD1)01/02/160.300
Hinkley HPTA package – South DevonSouth Devon CollegeLGF (GD1)01/08/150.213
Hinkley HPTA package – PetrocPetrocLGF (GD1)01/02/160.359
Hinkley HPTA package – Exeter CollegeExeter CollegeLGF (GD1)01/06/162.000
Hinkley HPTA package – National College for NuclearBridgwater CollegeLGF (GD1)01/05/163.000
Hinkley HPTA package – Yeovil CollegeYeovil CollegeLGF (GD1)01/05/160.637
Somerset Energy Innovation Centre Phase 1bSomerset County CouncilLGF (GD1)27/07/156.5
Exeter Science Park Environmental Futures CampusDevon County CouncilLGF (GD1)01/04/152.498
Somerset College Centre for EngineeringSomerset County CouncilLGF (GD1)01/02/160.596
Plymouth Science Park Phase 5Plymouth City CouncilLGF (GD1)01/06/153.000
Somerset FloodingSomerset County CouncilLGF (GD1)27/07/1513.049
Oceansgate/South Yard Phase 1Plymouth City CouncilLGF (GD2)16/03/181.500
Unlocking Growth Fund – Yeovil Innovation Centre Phase 2South Somerset District CouncilLGF (GD2)15/09/170.441
Unlocking Growth Fund – HighbridgeSomerset County CouncilLGF (GD2)30/05/170.237
Unlocking Growth Fund – WiveliscombeSomerset County CouncilLGF (GD2)23/02/180.510
Unlocking Growth Fund – DevonportReal Ideas OrganisationLGF (GD2)23/02/180.497
Unlocking Growth Fund – WellsSomerset County CouncilLGF (GD2)19/01/180.772
Unlocking Growth Fund – South MoltonLGF (GD2)0.220
Exeter Science Park – SPC Phase 2Exeter Science ParkLGF (GD2)18/11/165.500
J25 M5 at HenladeSomerset County CouncilLGF (GD2)26/04/1711.65
Tiverton East Urban ExtensionDevon County CouncilLGF (GD2)19/01/181.500
Youth Construction Skills ProjectDevon Communities TogetherLGF (GD3)23/02/180.574
South Devon College Hi Tech CentreSouth Devon CollegeLGF (GD3)15/09/178.134
Exeter Science Park (Grow On Buildings)Exeter Science ParkLGF (GD2)01/12/174.50
Huntspill Energy ParkSedgemoor District CouncilLGF (GD3)01/04/183.94
Hinkley Related Revenue ProjectsLGF (GD2 Revenue)0.65

A monthly highlight report is published with the SIP papers and updated every quarter. This gives a summary of historical and forecast spend by Growth Deal.

The Micro Enterprise Scheme funding programme is closed. Below is a list of all the projects supported by this programme:

Project nameLeadProgrammeStart dateFunding
(£ Grant)
Funding
(£ Match)
Funding
(Total)
Fibre HarvestFibre HarvestMES8/5/1312,00018,00030,000
Hunters BreweryHunters BreweryMES8/5/1317,33726,00043,337
LittlePodLittlePodMES8/5/1317,00025,00042,000
Hillside FoodsHillside FoodsMES6/6/1328,05442,08070,134
InflatexInflatexMES6/6/1311,77217,65929,431
Bluestone TechnologyBluestone TechnologyMES3/7/1310,73416,10126,835
Tarka SpringsTarka SpringsMES3/7/1330,21045,31575,525
Watts DesignWatts DesignMES26/7/1341,22772,181113,408
Virtual Jet CentreVirtual Jet CentreMES26/7/1345,36357,705103,068
Digitel TechnologyDigitel TechnologyMES9/9/1341,000122,324163,324
Sign-Maker- Dot-NetSign-Maker- Dot-NetMES9/9/1334,09751,14685,243
The Wild Beer CoThe Wild Beer CoMES9/9/1359,27688,914148,190
Brown Cow OrganicsBrown Cow OrganicsMES8/10/1347,98271,973119,956
Ludbrook JoineryLudbrook JoineryMES8/10/1315,45223,17838,630
Wedgewood BuildingsWedgewood BuildingsMES8/10/1325,06037,59062,650
Filbert’s Fine FoodsFilbert’s Fine Foods/td>MES4/11/1315,80023,70039,500
Mendip LavenderMendip LavenderMES4/11/1320,28430,42650,711
South West ArchaeologySouth West ArchaeologyMES4/11/1339,40059,10098,500
Woodenways TimberframesWoodenways TimberframesMES4/11/1314,89022,33537,225
Radford’s Fine FudgeRadford’s Fine FudgeMES9/12/1314,40021,60036,000
Annie Martin ArchitectAnnie Martin ArchitectMES10/2/1420,28230,42250,704
Eternal KitchensEternal KitchensMES10/2/1456,42584,637141,062
Cherry Tree PreservesCherry Tree PreservesMES10/2/1449,77195,846145,617
Absolute Museum & GalleryAbsolute Museum & GalleryMES5/3/1433,02249,53482,556
BT Gray’ CiderBT Gray’ CiderMES5/3/1414,76222,14336,906
BOOM SaucesBOOM SaucesMES5/3/1410,72016,08126,801
Hunt’s CiderHunt’s CiderMES5/3/1436,05854,08790,145
Kubla BreweryKubla BreweryMES5/3/1410,53215,79726,329
West Country SpiceWest Country SpiceMES5/3/1428,80043,20072,000
Devon Rim Company LtdDevon Rim Company LtdMES9/5/1434,39450,13884,532

The Rural Growth Networking funding programme is closed. Below is a list of all the projects supported by this programme:

Project nameLeadProgrammeStart dateFunding
(£ Grant)
Funding
(£ Match)
Funding
(Total)
Bicton CollegeBicton CollegeRGN1/4/13300,000760,0001,060,000
Dartington HallDartington CollegeRGN12/4/13150,000604,810754,810
HolsworthyTorridge DCRGN1/4/13400,0006,000,0006,400,000
OkehamptonDevon County CouncilRGN1/4/13190,0002,267,0002,457,000
Somerset – HighbridgeSomerset County CouncilRGN1/4/13881,587512,9461,394,533
Somerset Units (Minehead & Dulv.)Somerset County CouncilRGN1/4/1334,91365,06499,977
Somerset WorkhubsSomerset County CouncilRGN1/4/1395,7528,018101,518

LEP Costs

Other costs in relation to the LEP, including its operational and contract costs are detailed in Somerset County Council’s Spend over 500 publication and the LEP Operational budget is available here:

Budget 2017/18 > Budget 2018/19 >

Accounts

2017-2018 accounts > 2018-2019 accounts >

Financial Information