What is the Town’s Fund?
The Government has selected 100 places across the country to develop regeneration proposals for towns and benefit from funding.
This is called the Towns Fund and a total of £3.6 billion has been allocated to the initiative, with Nuneaton selected as one of these locations.
The aim of the Towns Fund is to drive the sustainable economic regeneration of towns to deliver growth.
Town Investment Plans (TIPs)
A plan of action is being drawn up to submit for the Government funding called a Town Investment Plan.
A Town Deal Board – made up of business people, Nuneaton and Bedworth Borough Councillors, Warwickshire County Councillors and representatives from the Coventry and Warwickshire Local Enterprise Partnership, Warwickshire CAVA, the health sector and community – has been created.
The Board is calling on residents for their help to guide what projects should be funded through five key areas – local transport, digital connectivity, urban regeneration, arts, culture and heritage and skills.
The five different areas can fund a whole host of projects such as:
Local transport – New, revived, or upgraded train and tram lines and stations, new or upgraded road, or more frequent bus services or infrastructure upgrades such as digital bus shelters.
Digital connectivity – Provision of specialist digital technologies to meet the needs of specific sectors, infrastructure to support 5G or full fibre connectivity.
Urban regeneration – Future High Streets Fund projects or other relevant government regeneration schemes, delivery of quality residential or commercial space in key locations (town centres, gateway areas, employment sites), delivery of new public spaces.
Arts, culture and heritage – New, upgraded or protected community centres, sports or athletics facilities, museums, arts venues, theatres, libraries, film facilities, prominent landmarks or historical buildings, parks or gardens or new, upgraded or protected community hubs, spaces or assets, where this links to local inclusive growth.
Skills – Increase in capacity and accessibility to new or improved skills facilities, availability of new specialist equipment, increased and closer collaboration with employers, increase in the breadth of the local skills offer that responds to local skills needs.
How to get involved
Is there something that comes to mind – when reading the five key areas – that could improve Nuneaton town centre for the good of local people and local business?
Have you got a project that could benefit from the funding? Do have an idea for a positive initiative?
We want to hear your ideas – this is your chance to shape the future of Nuneaton.!
Please head to the Contact page and email all your ideas – Nuneaton is our town, let’s make it as good as it can be!
The deadline to get your views in for the first consultation is Friday, August 28.