In January 2017, the Department for Communities and Local Government confirmed the award of £71.1m to Enterprise M3 as the third allocation of Growth Deal funding which now totals £219.1m. This allocation has the potential to create and safeguard more than 15,000 jobs and deliver over 6,000 additional homes. Planned investment in transport will ease congestion in Basingstoke and Guildford, while businesses in some of the LEP area will benefit from investments in digital connectivity. The latest Growth Deal allocation will also fund investments in Further Education colleges to help the local workforce develop the skills they need to succeed in today's economy.
Enterprise M3 have released a Funding Prospectus for 2019-2021 which is available
From 1 April 2024, the responsibility for LEP functions across the Enterprise M3 LEP region has transferred to Hampshire County Council and Surrey County Council.
The Enterprise M3 Board met for the last time in March 2024 and Enterprise M3 LEP is no longer operating as an organisation.
For any enquiries relating to economic development across the counties of Hampshire and Surrey, please visit the Hampshire County Council website and Business Surrey respectively.
Please note that Enterprise M3 LEP staff have transferred to Hampshire County Council to continue to deliver services and activities in Hampshire, including the Growth Hub, the Careers Hub, work on key business sectors, and trade and investment.
They can be contacted at economic.development@hants.gov.uk.
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