To ask the Secretary of State for Business, Energy and Industrial Strategy, what support is available from the UK Government for devolved regions to regenerate former industrial sites.
10 July 2019
The Government has devolved over £9 billion to Local Enterprise Partnerships (LEP) in England between 2015 and 2021. LEPs are investing that money according to their individual priorities.
BEIS has supported businesses through the BEIS Energy Innovation Programme providing funding. For example BEIS allocated £500,000 to Kite Power Solutions in Glasgow to develop a high altitude wind power generating system that uses kites to capture wind energy, and up to £750,000 to redT Energy for their flow battery technology cost reduction programme in Livingston.
Through the Industrial Strategy Challenge Fund (ISCF), the Government has allocated £1.7bn to ISCF challenges over two waves of investment. Funding from the ISCF has supported technologies and future industries which benefit a number of devolved regions. For example £36 million was given to the ABC in Swansea to support the construction sector and £13 million was given to Medicines Manufacturing Innovation Centre in Scotland for the pharma industry