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<p>The Stronger Towns Fund has been provisionally allocated according to a needs-based
formula calculated according to metrics of: income, productivity, deprivation, skills,
and the number of people living in towns. The Stronger Towns Fund prospectus will
be published before Summer recess. This will outline the process for how towns can
come forward and will set out the process of the £600 million competitive component
of the fund. It will also detail the role of local partners, relevant definitions
and eligibility criteria.</p><p> </p>
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