Schemes including a link from the M18 – key to Doncaster Council’s ‘DN7 Initiative’ for the Hatfield & Stainforth area – have been allocated millions of pounds from Government.
As part of the Sheffield City Region’s £297million Growth Deal secured on 7 July 2014, Doncaster will have access to over £56million to support the delivery of four key growth initiatives.
Over £14million has been allocated to the DN7 link from Junction 5 of the M18 to Hatfield. This will support a proposed carbon capture power facility, potential low carbon business parks and open up new housing and employment land.
See the: DN7 Initiative Masterplan
Other funding will go into the delivery of town centre regeneration projects and the dualling of A630 West Moor Link Road & the Finningley and Rossington Regeneration Route Scheme (FARRRS) will also benefit.
As well as support for these four major infrastructure schemes, local firms with growth plans can apply for financial assistance through the £50million Regional Growth Fund Programme and boost their skill needs through the £22million Skills Bank. A further half a million of pounds is available to improve the delivery of business support. These business schemes which run through to 2021 are being coordinated by the Sheffield City Region Local Enterprise Partnership.
Mayor of Doncaster, Ros Jones, who highlighted this positive economic news at Full Council said: “Doncaster and our businesses are set to see significant benefits from the Sheffield City Region’s Growth Deal. It will help key regeneration projects get off the ground, support local firms with their expansion plans, deliver the skills our firms need to grow and provide responsive and tailored support for businesses that need it. This funding will lead to inward investment, jobs and growth and deliver a significant boost to our economy.
“The Sheffield City Region Local Enterprise Partnership negotiated a tremendous deal in securing the fifth largest Growth Deal awarded to LEPs across the country. By working closely with our Sheffield City Region partners Doncaster is benefitting from this deal which is contributing significantly towards our plans to create a vibrant economy. In partnership we are also pushing to bring the national High Speed Rail College to the Sheffield City Region which will transform our rail and engineering sector.”
The council will now commence business and delivery planning work for these schemes which will enable funding to be released once all necessary approvals have been secured.