Financial Information

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 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 30th November 2020.
Ref Project name Lead Programme Start date Funding offer ( £m)
GB01 Torquay Gateway Tbc GBF  Tbc Tbc
GB02 Concourse Phase 2 Tbc GBF Tbc Tbc
GB03 Firepool and Taunton Station Access Tbc GBF Tbc Tbc
GB04 Ilfracombe Watersports Centre Tbc GBF Tbc Tbc
GB05 Burrows Centre Tbc GBF Tbc Tbc
GB06 Exeter Bus Station Tbc GBF Tbc Tbc
GB07 Enhancement of Future Skills Centre Tbc GBF Tbc Tbc
GB08 Taunton Digital Innovation Centre Tbc GBF Tbc Tbc
GB09 Welding Centres of Excellence Tbc GBF Tbc Tbc
GB10 Exeter Science Park Grow-out building Tbc GBF Tbc Tbc
GB11 Zebcat 2 Tbc GBF Tbc Tbc
GB12 Smarter Carbon Tbc GBF Tbc Tbc
GB13 Green Homes Tbc GBF Tbc Tbc
GB14 EPIC Tbc GBF Tbc Tbc
GB15 iAero Tbc GBF Tbc Tbc
GB16 Torbay Business Centre Tbc GBF Tbc Tbc
GB17 Devon Works Hub Tbc GBF Tbc Tbc
GB18 Bruton Tbc GBF Tbc Tbc
GB19 Plymouth City Business Park Tbc GBF Tbc Tbc
GB20 Centre for Clean Mobility Tbc GBF Tbc Tbc
GB21 Health Tech Incubation Hub Tbc GBF Tbc Tbc
GB22 Smart Biosphere Tbc GBF Tbc Tbc
GB23 Plymouth Sound National Marine Park Tbc GBF Tbc Tbc
GB24 Unlocking East Quay Watchet Tbc GBF Tbc Tbc

This table was last updated on 30th November 2020.

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 CouncilGPF (grant)2020/214.20016.20020.400
This table was last updated on 30th November 2020.
Ref Project name Lead Programme Start date Funding offer ( £m)
GD01 Yeovil Western Corridor capacity upgrade Somerset Council LGF (GD1) 05/01/17 5.674
GD02 Torbay Western Corridor Torbay Council LGF (GD1) 01/06/16 9.000
GD03 Bridge Road, Exeter Devon County Council LGF (GD1) 07/07/14 5.300
GD04 Derriford Transport Scheme Plymouth City Council LGF (GD1) 23/02/16 10.239
GD05 A382 widening, Newton Abbot Devon County Council LGF (GD1) 01/02/16 6.500
GD06 Torquay Gateway Torbay Council LGF (GD1) 01/02/16 1.740
GD07 Huntworth Roundabout Bridgwater Somerset Council LGF (GD1) 01/09/15 1.910
GD08 A361 Portmore to Landkey Stage 1 Devon County Council LGF (GD1) 01/02/16 0.790
GD09 Derriford Hospital Interchange Plymouth City Council LGF (GD1) 01/12/15 1.320
GD10 Taunton Rail Station Enhancements Somerset Council LGF (GD1) 01/02/16 4.600
GD11 Torquay town centre access Torbay Council LGF (GD1) 01/02/16 0.293
GD12 Roundswell Phase 2, Barnstaple Devon County Council LGF (GD1) 01/02/16 1.633
GD13 A38 Deep Lane junction, Sherford Devon County Council LGF (GD1) 01/03/16 2.000
GD14 A379 Newcourt junction, Exeter Devon County Council LGF (GD1) 01/02/16 0.818
GD16 Marsh Barton, Exeter, New Railway Station Devon County Council LGF (GD1) 01/10/15 4.407
GD17 Edginswell, Torbay Torbay Council LGF (GD1) 01/12/15 4.000
GD18 Plymouth Northern Corridor traffic signals Plymouth City Council LGF (GD1) 01/09/16 2.100
GD19 Plymouth Eastern Corridor cycle network Plymouth City Council LGF (GD1) 06/01/17 3.420
GD20 Plymouth Charles Cross and Exeter Road Plymouth City Council LGF (GD1) 01/02/18 2.100
GD21 Bridgwater College Hinkley Skills Capital Bridgwater College LGF (GD1) 26/02/16 5.146
GD22 Plymouth College Stem Centre City College Plymouth LGF (GD1) 01/06/15 5.430
GD23A Hinkley HPTA package – Bicton Cornwall College LGF (GD1) 01/02/16 0.300
GD23B Hinkley HPTA package – South Devon South Devon College LGF (GD1) 01/08/15 0.213
GD23C Hinkley HPTA package – Petroc Petroc LGF (GD1) 01/02/16 0.359
GD23D Hinkley HPTA package – Exeter College Exeter College LGF (GD1) 01/06/16 2.000
GD23E Hinkley HPTA package – National College for Nuclear Bridgwater College LGF (GD1) 01/05/16 3.000
GD23F Hinkley HPTA package – Yeovil College Yeovil College LGF (GD1) 01/05/16 0.637
GD24A Somerset Energy Innovation Centre Phase 1b Somerset Council LGF (GD1) 27/07/15 1.343
GD24B Somerset Energy Innovation Centre Phase 2 Somerset Council LGF (GD1) 14/07/17 5.157
GD25 Exeter Science Park Environmental Futures Campus Devon County Council LGF (GD1) 01/04/15 2.499
GD26 Somerset College Centre for Engineering Somerset Council LGF (GD1) 01/02/16 0.596
GD27 Plymouth Science Park Phase 5 Plymouth City Council LGF (GD1) 01/06/15 3.000
GD29 Somerset Flooding Somerset Council LGF (GD1) 27/07/15 13.049
GD30 Growth Hub Serco LGF (GD2) 01/02/16 1.010
GD31 Broadband Somerset Council LGF (GD2) 19/12/16 6.000
GD32 Electronics and Photonics Innovation Centre Torbay County Council LGF (GD2) 26/07/19 3.000
GD33 Oceansgate/South Yard Phase 1 Plymouth City Council LGF (GD2) 16/03/18 1.500
GD34A Unlocking Growth Fund – Yeovil Innovation Centre Phase 2 South Somerset District Council LGF (GD2) 15/09/17 0.441
GD34B Unlocking Growth Fund – Highbridge Somerset Council LGF (GD2) 30/05/17 0.237
GD34C Unlocking Growth Fund – Wiveliscombe Somerset Council LGF (GD2) 23/02/18 0.510
GD34D Unlocking Growth Fund – Devonport Real Ideas Organisation LGF (GD2) 23/02/18 0.497
GD34E Unlocking Growth Fund – Claylands Torbay County Council LGF (GD2) 17/05/19 2.040
GD34F Unlocking Growth Fund – Caddsdown Torridge District Council LGF (GD2) 24/05/19 0.179
GD34G Unlocking Growth Fund – Wells Somerset Council LGF (GD2) 19/01/18 0.772
GD34H Unlocking Growth Fund – Pathfields South Molton Town Council LGF (GD2) 20/07/18 0.222
GD36 Exeter Science Park Open Innovation Building Exeter Science Park LGF (GD2) 21/12/18 5.500
GD37 Exeter Science Park – SPC Phase 2 Exeter Science Park LGF (GD2) 18/11/16 4.499
GD38 J25 M5 at Henlade Somerset Council LGF (GD2) 26/04/17 12.186
GD40 Tiverton East Urban Extension Devon County Council LGF (GD2) 19/01/18 1.194
GD41 Somerset Innovation Centre (Phase 3) Somerset Council LGF (GD3) 12/06/20 2.543
GD42A Boosting Mobile Connectivity Somerset Council LGF (GD3) 24/07/20 1.000
GD42B Further Education Digital Accelerator Programme Devon County Council LGF (GD3) 03/07/20 1.131
GD42C 5G Smart Sound, Plymouth Plymouth City Council LGF (GD3) 03/07/20 1.800
GD43 Youth Construction Skills Project Devon Communities Together LGF (GD3) 23/02/18 0.574
GD44 South Devon College Hi Tech Centre South Devon College LGF (GD3) 15/09/17 8.134
GD47 Houghton Barton Package Devon County Council LGF (GD3) 27/03/20 2.870
GD48 Taunton Toneway Corridor Capacity Improvements Somerset Council LGF (GD3) 11/10/19 6.690
GD49 Huntspill Energy Park Sedgemoor District Council LGF (GD3) 01/04/18 3.940
GD50 Plymouth Central Railway Station Plymouth City Council LGF (GD3) 06/12/19 4.790
GD51 North Devon Innovation Centre Roundswell Devon County Council LGF (GD3) 17/05/19 2.150

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 name Lead Programme Start date Funding ( £ Grant) Funding ( £ Match) Funding (Total)
Bicton College Bicton College RGN 1/4/13 300,000 760,000 1,060,000
Dartington Hall Dartington College RGN 12/4/13 150,000 604,810 754,810
Holsworthy Torridge DC RGN 1/4/13 400,000 6,000,000 6,400,000
Okehampton Devon County Council RGN 1/4/13 190,000 2,267,000 2,457,000
Somerset – Highbridge Somerset Council RGN 1/4/13 881,587 512,946 1,394,533
Somerset Units (Minehead & Dulv.) Somerset Council RGN 1/4/13 34,913 65,064 99,977
Somerset Workhubs Somerset Council RGN 1/4/13 95,752 8,018 101,518

LEP Costs

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

Accounts

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    David Ralph

    Chief Executive

    David Ralph started as Chief Executive of Heart of South West LEP at the beginning of June 2018. Previously, he had spent 5 years as CEO of the Derby, Derbyshire, Nottingham, Nottinghamshire (D2N2) LEP from 2013 where he oversaw the development of the D2N2 Strategic Economic Plan and sector strategies, 3 Growth Deals with HM Government to deliver a £1billion capital investment programme, securing and implementing £200m ESIF programme, the Derby and Nottingham Enterprise Zone, the D2N2 Skills Deal and Time for Innovation programme, community fund and led the executive team to develop the HS2 East Midlands hub. He was also closely involved in the proposed North Midlands Devolution Deal and one of the key architects in establishing the Midlands Engine, chairing the officer steering group. Whilst in this role David was a NED of the Nottingham Enterprise Zone, and Marketing NG, the Outer Estates Foundation and a Governor of Nottingham College and on the advisory Board of Nottingham Business School.

    Before the East Midlands, David was CEO of the Have Gateway Partnership working closely with local stakeholders including the ports of Felixstowe, Harwich and Ipswich and BT Adadastral Park across Suffolk and Essex and prior to that was Chief Exec of the Barton Hill New Deal for Communities programme in Bristol and the Nelm Development Trust in Norwich.

    David is a keen sailor, walker and trail runner.