25 Mar 2014
Science and Enterprise Park gets £2 million City Deal funding
Loughborough University Science and Enterprise Park (LUSEP) is to receive £2 million of Government funding towards its expansion, as part of the Leicester and Leicestershire City Deal.
Announced at LUSEP on 24 March, the City Deal will see a total of £16 million of Government funding invested in the region and create nearly 1500 jobs in the Leicester and Leicestershire area.
Under the City Deal scheme, certain powers are devolved from central Government to local areas, enabling them to take responsibility for decision that affect the region, decide how public money should be spent and create economic growth.
Read the full press release