Lancashire Growing Places Fund

About this funding

The Lancashire Growing Places Fund is a loan-based initiative administered by the Department for Business and Trade, designed to address financing gaps within development projects across the North West region.

This programme supports businesses and organisations across diverse sectors including agriculture, construction, life sciences, manufacturing, and retail, where traditional lenders have declined or restricted funding. The fund particularly benefits stalled or blocked property developments—both residential and commercial—enabling them to progress to completion. Greater Manchester enterprises can also utilise the scheme to support research and development facilities, transport infrastructure, and inward investment activities. Applicants must demonstrate a genuine funding shortfall in their overall project finance package that mainstream financial institutions are unwilling to bridge. The flexible lending approach makes this an accessible option for projects of strategic importance that might otherwise stall due to financing constraints.

Who can apply

Businesses and organisations across all sectors operating in the North West region; particularly suited to projects with demonstrated funding gaps that mainstream lenders (such as banks) are reluctant or unable to finance; includes residential and commercial property developments, R&D facilities, transport and infrastructure projects, and inward investment activities.

How to apply

• Application process not detailed in source material
• enquire via Department for Business and Trade for further guidance and application procedures

Common questions

What is Lancashire Growing Places Fund?

A loan scheme from the Department for Business and Trade targeting North West businesses facing funding gaps in development and infrastructure projects. Primarily supports stalled property schemes, R&D facilities, and inward investment across multiple sectors where mainstream finance is unavailable.

How much funding is available?

Lancashire Growing Places Fund offers Not specified in source material.

Who can apply for Lancashire Growing Places Fund?

Businesses and organisations across all sectors operating in the North West region; particularly suited to projects with demonstrated funding gaps that mainstream lenders (such as banks) are reluctant or unable to finance; includes residential and commercial property developments, R&D facilities…

What is the deadline?

Lancashire Growing Places Fund accepts applications on a rolling basis — you can apply at any time.

Who provides Lancashire Growing Places Fund?

Lancashire Growing Places Fund is provided by Department for Business and Trade.

How do I apply for Lancashire Growing Places Fund?

Application process not detailed in source material; enquire via Department for Business and Trade for further guidance and application procedures