Expressions of interest
In a first for the UK, the Greater Manchester Combined Authority and Local Enterprise Partnership have developed a single approach to investment underpinned by a range of funds, totalling more than £100m, to help deliver the strategic priorities identified in the Greater Manchester Growth Plan.
The Greater Manchester Investment Fund provides a single point of access for investors, cutting through the bureaucracy that could prevent projects from getting funding. A Greater Manchester Investment Team has been set up that will support projects and enable them to find the most appropriate sources of funding.
The fund will create an investment cycle for private sector led projects that will drive economic growth and generate commercial returns. The investment will need to be repaid to fund future developments.
Anyone with a viable project can submit an Expression Of Interest.