In late 2019 the Government launched a £3.6bn Fund to ensure that the benefits of growth experienced by cities were extended to communities in towns and rural areas, with the goal to ‘level up communities throughout the country’.
Telford has been invited to bid for investment of up to £25m from this Fund.
The Towns Fund investment aims to help to drive long term economic growth with a focus on regeneration, improved transport, better broadband connectivity, skills and culture.
The Board includes representatives from the public, private and third sector and is chaired by Graham Wynn OBE.
The role of the Board is to work collaboratively to develop and agree the Town Investment Plan for submission to Government, ensuring that this maximises opportunities for communities and businesses across the Town, and drives long term economic growth.