Investment
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.
Investment
The Invest for Growth initiative combines private sector contributions, Local Growth Funding from Enterprise M3 and Local Authority funding to create a single fund to be invested in the local economy. The fund will be invested in business premises with the resulting rental income reinvested in the local economy through new modern business premises, business support and skills programmes. The initiative demonstrates an innovative and proactive way through which the public sector can secure employment land, jobs and drive economic growth. The Invest for Growth Initiative aims to:
The fund has been used to develop two new office buildings and three industrial units at the former Ordnance Supply Unit Site in Liphook. Enterprise M3 has supported this project as responds to the findings of the Enterprise M3 Commercial Property Market Study (2016) and the revenues generated will help support ongoing economic development activity in the area.
Start date:
End date:
Amount financed: £1.6 million
Total cost: £2.96 million
Status: Completed
Project Lead: Jordan Tame
Themes: Places
Geo-location:
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