Daventry District Council and its partners will be investing around £350 million in capital expenditure from now until 2034 in support of economic and community growth. This rises to £1.5 billion when planned private sector investment in commercial premises and housing are added.
The Council is a member of the South East Midlands Local Enterprise Partnership (SEMLEP), which is focused on accelerating economic growth across the strategic location at the crossroads of London, the Midlands, Oxford and Cambridge.
The Government has awarded funding to SEMLEP to support jobs and growth through the Local Growth Fund and Growing Places Fund. Daventry has directly benefitted from this funding through:
£14 million towards A45 Daventry Development Link Road
£6.5 million towards new Northampton College Daventry Campus and Digital Academy
£4.2 million towards Catesby Aerodynamic Research Facility creating an enclosed test track in a former rail tunnel with supporting 4.5 acre science park and creation of 50 jobs
£3.5 million towards a new Food and Drink Academy at Moulton College to meet the skills and development needs of the Food and Drink Sector
SEMLEP further distribute EU funding for projects across the South East Midlands that promote growth, jobs and social inclusion. Those projects benefitting Daventry include:
A full directory of projects supported by EU funding is available on the SEMLEP website
North and West Northants Local Action Group (NWNLAG)
NWNLAG is made up of people from the local community and the local public and private sectors covering the districts of Daventry, Kettering and Wellingborough. It has secured and manages the allocation of £1.7M of LEADER funding for the period 2014- 2020, which will create jobs, help business to grow, and benefit the rural economy. LEADER funding is available to local businesses, communities, farmers, foresters and land managers. This will be spent on rural projects that demonstrate that they meet one or more of the following priority areas;
- support micro and small businesses and farm diversification
- boost rural tourism
- increase farm productivity
- increase forestry productivity
- provide rural services
- provide cultural and heritage activities
LEADER Project Manager Will Dallimore can be contacted on 01494 927167 and will be able to help applicants through the funding process. Further details can be found on the LEADER website.
Northamptonshire County Council
A key public sector partner in the economic development of Daventry District, Northamptonshire County Council (NCC) is spearheading infrastructure projects including the Daventry Development Link Road off the A45, to improve links between Daventry and the M1, and enhancing communications with the roll-out of superfast broadband countywide.
NCC is also involved in the regeneration of Daventry Town Centre, by helping to put new infrastructure in place for the developments and supporting the delivery of new educational facilities.
Find out more at www.northamptonshire.gov.uk
Private Sector Partners
Daventry District Council has a strong track record of working in partnership with businesses both to develop its portfolio of commercial property and to facilitate growth projects. We are currently working with Henry Boot, our development partner for Daventry Town Centre Vision and Aero Research Partners in the development of the Catesby Tunnel.
Northamptonshire Chamber of Commerce
The Council is a member of the Northamptonshire Chamber of Commerce, which was founded in 1917 in response to the concerns of boot and shoe manufacturers over exports during the first world war.
Since then Chamber membership has grown significantly and it now represents approximately 1,000 Northamptonshire businesses - who employ over one third of the county's workforce.
The Chamber is further enhanced by being part of a worldwide network and is one of the British Chambers of Commerce (BCC) Accredited Chambers - the largest and most powerful network for business in the UK.
Find out more at www.northants-chamber.co.uk
Rural Services Network
Daventry District Council is a member of the Rural Services Network, which represents the interests of rural service providers such as local authorities and their rural communities in England.
It makes representations on issues affecting rural services, promotes active networking between service providers and across all sectors, establishes and broadcasts rural best practice and promotes debate and interaction between agencies/sectors across many areas of joint interest for example rural crime, rural housing, broadband provision and rural health.
Find out more at www.rsnonline.org.uk