Annex A
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 1995-96—2006-07 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
needs.
Land & Property
Community Investment Fund contribution of £103k
towards Centre for Youth & Community Development by Bangladeshi
Youth League.
OTHER GOVERNMENT
FUNDING
DETR—New Deal for Communities to tackle
regeneration in Marsh Farm. Potential investment of £30 million.
DETR—Transport funding £1.909 million
for current financial year for maintenance, bridges and safety
schemes.
DETR—Housing Investment Programme £6.2
million for current year to improve housing stock and construction
skills.
DTI—British Trade International £4k
for research.
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.
DfEE
— 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
European Funding in current year:
— KONVER II—£2.551 million
for tourism, economic development, business support and training;
— ESF—£281k for training.
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