Newcastle-under-Lyme Town Deal
The Town Deal for Newcastle is an exciting opportunity to bid for investment to help future economic growth. The Town Deal Board submitted the Newcastle Town Investment Plan (TIP) at the end of January 2021. The Board, the council and our consultants, AECOM worked hard to put together a town investment plan (TIP) that will bring real and lasting economic benefits to Newcastle town centre and the surrounding area.
The Newcastle Town Deal Board agreed the boundary for the Newcastle Town Deal.
The Ministry of Housing, Communities and Local Government (MHCLG) approved it on January 2020. The Newcastle Town Deal Board was delighted to be informed on 8 June 2021 that Newcastle had been made an offer of £23.6 million to deliver the projects contained in the TIP.
The Board has confirmed to MHCLG that they accept the offer and the heads of terms. This is a document which sets out the terms of the grant offer, including any conditions that need to be met.
We have two months to let MHCLG know which projects we will be taking forward and if there are any changes to the description in the TIP. We then have a further 12 months in which to provide a detailed business case for each project.
If you have any questions or comments about the Town Deal, please e-mail the Economic Regeneration team.