We are home to the UK’s leading Enterprise Zone which hosts advanced manufacturing, engineering and technology, with sites in seven of our local authority areas, including Doncaster Sheffield Airport and Markham Vale business and industrial park. The Enterprise Zones across the city region have attracted new businesses and encouraged new commercial developments.
To support development on these Enterprise Zones the Sheffield City Region has put in place an Enterprise Zone Accelerator Fund to help unlock further commercial development.
Enterprise Zone Fund
A £5million fund to encourage and accelerate development in the SCR Enterprise Zone. The flexible fund will allow SCR JESSICA to provide finance through a number of routes to stimulate development.
The project forms part of the £320m Sheffield City Region Infrastructure Fund (SCRIF). This fund includes a contribution from the Government’s Local Growth Fund resources which is part of the Government’s continued investment in the Northern Powerhouse.
SCR LGF allocation: £5,000,000
Total project cost: £5,000,000
A full record of endorsements and approvals is held on file at Sheffield City Region offices.