£64.5m to level-up green technology, transport and health care
The Government’s Levelling Up fund is providing £64.5 million to grow the South West and create jobs, boost the economy and open up more equal opportunities. Four projects will be funded in total.
£15.6 million will be used in the research of green technology at the proposed Appledore Clean Maritime Innovation Centre. The centre is expected to open in 2025 and will feature cutting-edge research and industry partnerships, establishing Torridge and North Devon as global leaders for innovation in clean maritime technology and support industries.
The other two projects to be funded will develop a new Somerset Training Academy for Health & Social Care, and deliver the Dinan Way road extension in Exmouth.
Action T21. Work with government to improve strategic and branch-line rail infrastructure and services, including reviewing the reopening of lines.
Action R5. Support immature industries and new models that have the potential to contribute to delivering net-zero.