Projects shortlisted for cash from £5.9m fund

PROJECTS in Corby, Kettering and Wellingborough have been shortlisted to receive cash from a £5.9m funding pot.

A call was put out in November for the people behind development projects in the county to put in bids for cash from the Growing Places fund.

The aim of the fund is to unlock housing and economic growth through providing capital investment in infrastructure where blockages have caused projects to stall.

Following the 2012 budget statement, Northamptonshire Enterprise Partnership (NEP) was told by the Government that the allocation of Growing Places funding for Northamptonshire had been increased to £5.9m.

From the expressions of interest put forward to bid for cash from the fund, a shortlist of projects has been drawn up. The applicants have now been invited by NEP’s approvals panel to submit full applications.

Shortlisted projects include the development of the Hog’s Head, Kettering, by Tykes Investments Ltd.

Other shortlisted projects include the Kettering East development.

Corby Council has been shortlisted for two projects – the Corby Culvert and Electric Corby projects.

Wellingborough Council has been shortlisted for two of its town centre projects, one in Church Street and one in High Street.

Bovis Homes Plc has been shortlisted for the Stanton Cross development in Wellingborough.

And David Lock Associates has put in a bid for cash from the fund to be allocated for Phase 1 of the North Wellingborough development.