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<p>Local Enterprise Partnerships (LEPs) are playing a vital role in driving forward
economic growth across the country, helping to build a country that works for everyone.
That’s why by 2021 Government will have invested over £12bn through the Local Growth
Fund, allowing LEPs to use their local knowledge to get all areas of the country firing
on all cylinders.</p><p> </p><p>The Government will have invested £160m Growth Deal
funding in Hertfordshire by 2021, and the LEP was allocated £16.2m Growing Places
Funding. The LEP has prioritised spending on science, research and innovation, developing
skills, cultivating world-leading sectors and supporting businesses to start up and
grow. In Stevenage, this has included allocating £1.2m to the Airbus Foundation Discovery
Space.</p><p> </p><p>Since 2012, the Start-Up Loans Programme has delivered 71 loans in
Stevenage, worth £487, 289 to small businesses.</p>
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