CURRENT GOVERNMENT SUPPORT EEDA INVESTMENT
Single Regeneration Budget (SRB)
Luton as one of the 50 most deprived areas in
England was eligible for a comprehensive regeneration scheme and
the Luton Dunstable Partnership was successful in round 6 in attracting
£15.8 million of support in addition to the £9.4 million
allocated in previous rounds. Vauxhall Motors is a partner.
Total of £25.2 million allocated
to Luton over the period 1995-962006-07 to tackle unemployment,
education and skills, tackle social exclusion, improve the environment
including housing, support business and tackle crime and drugs
and improve community safety;
significant leverage from private
sector (£20.79 million) and public sector (£53.389 million);
provides matched funding for £7.695
million of ERDF and £3.049 million of ESF
aims to reduce unemployment in target
wards to Luton average.
Skills Development Fund (SDF)
£39k allocated to Bedfordshire & Luton
Learning Partnership to analyse current level of skills against
Land & Property
Community Investment Fund contribution of £103k
towards Centre for Youth & Community Development by Bangladeshi
DETRNew Deal for Communities to tackle
regeneration in Marsh Farm. Potential investment of £30 million.
DETRTransport funding £1.909 million
for current financial year for maintenance, bridges and safety
DETRHousing Investment Programme £6.2
million for current year to improve housing stock and construction
DTIBritish Trade International £4k
DCMS£1,017 million from range of
Lottery distributors to combat social exclusion, improve skills
and build community capacity.
Home Office£1.902 million to tackle
drugs, improve community safety and reduce youth offending.
Sure Start£1.6 million
to improve the life of young children;
New Start£26k for partnership
development and support for 16 to 17 year olds;
Traning and Learning£5.907
million in current year for training and business development.
European Funding in current year:
KONVER II£2.551 million
for tourism, economic development, business support and training;
ESF£281k for training.