Tag: investment
Investment Committee launch marks another step on Combined Authority’s improvement journey
A new committee tasked with assessing and making decisions on funding for projects benefitting the region held its first meeting on Thursday. As part of the Combined Authority’s programme of improvement, the new Investment Committee will build on the existing governance structure, focusing on driving more timely, strategic and effective decisions on investments in areas […]
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Combined Authority helps Whittlesey take traffic-beating plans forward
Plans to tackle transport issues and boost economic growth in the market town of Whittlesey have taken a step forward thanks to Combined Authority funding. Following the establishment of a Whittlesey Relief Road project board earlier this year, consultant Mott MacDonald has been appointed by Fenland District Council to lead the development of a Strategic […]
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Market Towns makeover for shopfronts in Huntingdon and St Ives
Funded by the Combined Authority’s Market Towns Programme, Huntingdonshire District Council has launched a new scheme offering ‘spruce up’ grants of up to £10k to give facelifts to businesses in Huntingdon and St Ives. Paul Sweeney, Huntingdon First Town Manager: “BID Huntingdon First are incredibly proud to support the Combined Authority and HDC in the […]
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Peterborough ‘Shared Prosperity Fund’ projects revealed
A youth zone and community art initiative are among the exciting enterprises earmarked for Peterborough as part of a multi-million scheme to boost communities and drive growth. Last year the government announced that the Cambridgeshire & Peterborough Combined Authority area would receive £9,872,624 in funding from The UK Shared Prosperity Fund – of which £2,525,417 […]
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Combined Authority helps market towns hit by market forces
Community sport, solar energy, and history in Whittlesey stand to benefit from switched funds following the Combined Authority Board’s decision to support a clutch of community projects chosen by the Town Team. Members noted the latest financial position for the Market Towns Programme and decided to reallocate £195k from the cancelled Whittlesey Heritage Centre to […]
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Further £300K allocated to North Cambridgeshire Training Centre by the Combined Authority
The Cambridgeshire & Peterborough Combined Authority Board have voted to allocate a further £347,000 to the North Cambridgeshire Training Centre (NCTC), Chatteris. The money is additional to £3.16m of Local Growth Funding the Business Board awarded the training centre in January 2020. NCTC, which has been built on land owned by Stainless Metalcraft in Chatteris […]
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An Extraordinary Meeting of the Combined Authority Board was held on Friday 20 May.
At that meeting, an amendment to the Motion on Notice was passed. It recommend that, in light of the investigation currently in progress under the Member Conduct Complaints Procedure, that the Board would fully support that investigation and not interfere or prejudge any outcome nor see any reason to cause the Mayor himself to prejudge […]
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Jubilee Gardens Get Platinum Makeover
The Fenland market town of Chatteris has a brand new town sign, crowning a wider makeover funded by the Combined Authority. The proud heraldry of the design, created by Chatteris artist Ric Savage, was unveiled in Jubilee Gardens by the town’s Mayor, Councillor Linda Ashley. A key public space in Chatteris, Jubilee Gardens has been […]
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Soham scoops half a million for state-of-the-art business and culture hubs
The Board of the Combined Authority has agreed to invest nearly half a million pounds for two innovative projects in Soham to help serve the community and attract visitors The successful applications, made by East Cambridgeshire District Council under the Combined Authority’s Market Towns Programme, and sees a total sum of £470,000 invested into the […]
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New mobility technology accelerator launches in Combined Authority joint venture
GoAscendal, the strategic advisory mobility firm, has launched a new mobility technology accelerator, GoAscendal Labs. The Cambridgeshire-based programme, co-located with local bus operator, Whippet, aims to develop innovative new technologies targeted at improving mobility, including public transport, cycling and walking in the region. Sponsored by Ascendal Accelerator Limited, a joint venture between Ascendal Group and […]
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Global artificial intelligence companies pitch to accelerate their investment in Cambridgeshire and Peterborough
Artificial Intelligence (AI) companies from across the globe have been pitching for support to help them invest in the Cambridgeshire and Peterborough economy. The Combined Authority’s new dedicated international investment service Locate Cambridge, part of its Growth Works business growth service, ran a market access programme and pitch to hear the investment pitches from companies […]
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Travel information screens and smart sensor network set to transform market towns across Cambridgeshire
Market towns across Cambridgeshire are set to benefit from the installation of travel information screens alongside a new wireless sensor network which is being rolled out to help the local economy grow and create better and more sustainable places to live, work and visit. On behalf of the Cambridgeshire & Peterborough Combined Authority, the Connecting […]
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Market town Whittlesey welcomes dynamic safety signs funded by Combined Authority
Interactive highways signs to improve travel and safety in and around Whittlesey are now fully operational in the town. The three new variable highways message signs along East Delph and the A605, east and west of the B1040 roundabout, alert drivers when flooding closes the B1040 and/or North Bank alongside the River Nene. The signs will also warn motorists when […]
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Global life sciences companies compete to invest in Cambridgeshire and Peterborough economy
Life sciences companies from across the globe have been pitching for support to help them invest in the Cambridgeshire and Peterborough economy. Mayor Dr Nik Johnson joined a specially arranged panel to hear the pitches from companies from countries around the world including USA, Spain, Japan, Brazil, South Africa, Israel and India amongst others. A […]
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£100 Million unlocked as Combined Authority given thumbs up by Government
Combined Authority has passed the first of its scheduled reviews with Government to see how well it is investing money across Cambridgeshire and Peterborough. This means it has successfully unlocked the next 5-year tranche of Investment Funds which amounts to funding of £100 million from Government over the next five years, starting in 2021-22. The […]
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Fenland market towns scoop a million from Combined Authority
Community, culture and public health in Fenland were big winners at today’s meeting of the Cambridgeshire & Peterborough Board when Chatteris and Wisbech scooped £1,071,021 for proposed projects under the Market Towns Programme, and for use in town-centre Covid recovery. Chaired by Mayor Dr Nik Johnson, the Board unanimously approved the two Fenland District Council […]
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Market town investment tops £20 million as Combined Authority splashes cash for Wisbech, Chatteris and Ramsey
The Mayor of Cambridgeshire and Peterborough James Palmer today won wholehearted approval from the Combined Authority Board to fund four project proposals for Fenland and Huntingdonshire under the Market Towns Programme and for plans to support Covid-19 recovery. Combined Authority investment into the Market Towns Programme, and match funding, now tops £20 million across eleven […]
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New regional model to signpost transport projects across Cambridgeshire and Peterborough receives approval
At a board meeting of the Cambridgeshire & Peterborough Combined Authority today (24 March), £750,000 was approved for the development of a new Regional Transport Model to assist with future investment within the Cambridgeshire and Peterborough region. For the first time, it will be possible to assess transport projects across the whole of Cambridgeshire and […]
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Mayor asks Combined Authority to splash out on Wisbech water park, Chatteris learners, and Ramsey pedestrians as Market Town investment tops £20 million
The Mayor of Cambridgeshire & Peterborough will ask the March meeting of the Combined Authority Board to approve five Fenland and Huntingdonshire proposals under the Market Towns Programme and Covid-19 recovery To date, 38 projects have pocketed £9,016,648 in Combined Authority grants, which have attracted a further £11,072,744 of match investment. There have already been […]
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Listen Now: Sustainable travel in March on BBC Radio Cambridgeshire
Combined Authority investment to encourage cycling and walking in the Fenland market town of March took centre stage on BBC Radio Cambridgeshire’s mid-Morning show today when Mayor James Palmer joined presenter Amir Suleman to discuss plans for greener, safer travel. Listen in:
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£60K confirmed for walkers and cyclists in March
Walkers and cyclists in March to benefit from £60k as delivery of Quick Wins gathers pace It’s hoped that more people will take to active travel with today’s Transport & Infrastructure Committee recommending that Cambridgeshire & Peterborough Combined Authority draw down £60k to help make walking and cycling around March easier, safer and more enjoyable. […]
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New Business Growth Service to deliver 5200 new jobs
Transformational Business Growth Service to deliver at least 5200 new jobs across Cambridgeshire & Peterborough just when we need it most to grow back jobs Growth Works will deliver 5278 new jobs, 1400 new apprenticeships and generate significant inward investment in Cambridgeshire & Peterborough over the next three years. Made up of five service lines, […]
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Cambridgeshire & Peterborough Combined Authority Invest £500,000 in Adult Learning Through New Innovation Fund
Over half a million pounds of funding has been allocated by the Cambridgeshire and Peterborough Combined Authority (CPCA) for adult learning, as part of it’s newly created Innovation Fund. Local colleges and providers can bid for grants for up to £50K to test new and innovative ways of delivering training courses to adults aged over 19. This […]
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New faster bus service linking March and St Ives is set to provide a welcomed transport alternative for residents living in March, Wimblington, Chatteris and Warboys.
The long-awaited trial of the V2 (Villager 2) bus service linking March and St Ives, which is due to start on 1 March 2021, is the latest of Mayor James Palmer’s commitment to provide alternative ways to travel across Cambridgeshire without needing to use a car. Operators Stagecoach, will provide four round trips during the day, linking March, Wimblington, Chatteris and Warboys to St […]
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Fenland market town scoops millions for high street regeneration, helped by Combined Authority
March has been awarded £6.4million from the Government to help implement a “once in a generation” transformation of the town centre. Robert Jenrick, the Secretary of State for Housing, Communities and Local Government, announced on Boxing Day that March is among the areas in England which will receive a share of £830 million from the […]
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£900k to build final ‘Quick Wins’ for March – and deliver a kid’s crossing for Christmas
Children, cyclists and Christmas shoppers will be among the first to benefit from today’s decision by Cambridgeshire & Peterborough Combined Authority, led by Mayor James Palmer, to release almost a million pounds to start constructing the remaining ‘Quick Wins’ in the March Area Transport Study. Following the recommendation of its Transport and Infrastructure Committee, the […]
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Mayor Palmer pledges further support to help bring transformational projects across the finish line
A multi-million pound bid to dramatically transform March town centre has been given a competitive edge in the bidding process after being backed by the Mayor of Cambridgeshire and Peterborough. In May, Fenland District Council submitted an £11.3million bid to the Government’s Future High Street Fund (FHSF) to help deliver a “once in a generation” […]
Find out moreFenland station car park plan wins resounding approval
Plans for a new car park at Manea railway station have been approved by Fenland District Council and design work is now forging ahead with an eye to completion in November. Proposals for the much-needed project were agreed unanimously by Fenland’s planning committee. The car park, in Fodder Fen Road, will have spaces for around 100 cars, and will be just north of the station. It is one of a […]
Find out moreFenland wins as Board agrees first batch of Market Town proposals
Wisbech and Fenland featured strongly in the first tranche of proposals to help Cambridgeshire’s historic market towns ‘get fit for the future’. Today, Mayor James Palmer won approval from the Cambridgeshire & Peterborough Combined Authority Board for Fenland’s Wisbech and Whittlesey and Huntingdonshire’s Ramsey, Huntingdon, and St Ives to get funding for their development proposals. […]
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Mayor asks Board to fund Hunts Market Town proposals
In a move which will help Cambridgeshire’s historic market towns ‘get fit for the future’ and punch their weight in the Covid world, Mayor James Palmer tomorrow asks the Board of the Cambridgeshire & Peterborough Combined Authority to approve funding applications from Huntingdon, Ramsey and St Ives. Eleven market towns across the Combined Authority of […]
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Leader in major infrastructure delivery, Simon Wright OBE, appointed to help drive forward CAM
Simon Wright OBE, a civil engineer and senior executive with more than 40 years’ experience delivering multi-billion pound infrastructure programmes, has been appointed to support the development of the Cambridgeshire Autonomous Metro (CAM). Working on a part-time consultancy basis, Mr Wright joins the Cambridgeshire & Peterborough Combined Authority at an important phase. He will provide […]
Find out moreMayor gets go-ahead for Market Town multi-million giveaway
The Board of the Cambridgeshire & Peterborough Combined Authority today unanimously approved triggering the process through which eleven market towns can bid for millions of pounds to help them build the future they want. The first funding applications for a share in the £13.1 million allocation are likely to go to the Combined Authority Board […]
Find out moreMayor’s Masterplan: £13.1 million for eleven Market Town makeovers
Mayor James Palmer will this week ask the Cambridgeshire & Peterborough Combined Authority Board to trigger the process by which the region’s market towns can apply for millions of pounds to help them unlock opportunity and shape their own future. The Combined Authority has put £13.1 million on the table to support delivery of eleven […]
Find out moreSt Neots gets people-friendly new look with street makeover
Full funding is now in place for improvements to the look and feel of St Neots town centre, including replacement and upgrade of bus shelters around the market square, signposts to help visitors, planters, bench seating, and new cycle racks. With additional funds from Huntingdonshire District Council’s Community Infrastructure Levy – CIL – there will […]
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More affordable homes for Huntingdonshire and Cambridge after funding agreed
The Housing and Communities Committee of the Cambridgeshire & Peterborough Combined Authority has approved funding for 81 affordable homes at sites across Huntingdonshire and Cambridgeshire on Monday. Three different sites in Stilton, Ramsey and Alconbury will provide 42, 11 and 17 affordable homes respectively, through a mixture of social rent, affordable rent and shared ownership. […]
Find out moreNew ‘Dragons Den’ panel to allocate £50 million of funding to local businesses
A new ‘Dragons’ Den’ style panel including Mayor of Cambridgeshire and Peterborough James Palmer has been set up to hear pitches from local organisations for funding to help continued local economic growth. Applicants will be bidding for a share of a £50 million Local Growth Fund pot managed by the Cambridgeshire & Peterborough Combined Authority […]
Find out moreHaverhill businesses multi-million funding boost welcomed
Plans to bring jobs and employment to Haverhill Research Park and Enterprise Zone have been given a welcome multi-million cash boost. Finance has been provided jointly through a loan by West Suffolk Council and Local Growth Fund investment from the Cambridgeshire and Peterborough Combined Authority, via the Business Board which administers the fund. West Suffolk […]
Find out moreAnother step forward for Soham station as Mayor James Palmer visits for first monitoring works
Mayor James Palmer donned his hard hat and high-vis jacket on Friday (March 22) at the planned new Soham railway station site to see first-hand another step forward in its delivery. The Mayor joined Network Rail at the site, off Station Road, to see noise monitoring studies which are needed to support a future planning […]
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Public information event for Soham station proposals
Plans for a new station in Soham will be on public display at an information event planned for the end of February. Cambridgeshire & Peterborough Combined Authority has been working closely with Network Rail to develop proposals for a new station in Soham. Constructing a new station would reconnect the town with the rail network […]
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CPCA supports collaborative approach to deliver new £4m specialist supported living scheme in Chatteris
The Cambridgeshire and Peterborough Combined Authority have shown their support for a collaborative approach to deliver new homes for disabled adults in Cambridgeshire. Work has officially kicked off at the site of a former agricultural garage in Chatteris to build fifteen new apartments and three bungalows at the site on Huntingdon Road. The £4m scheme, […]
Find out moreMedtech Accelerator injects £430k into pioneering, early stage technologies
Medtech Accelerator have recently awarded four new early stage pioneering projects amounting to £430,000. The medical technology financial scheme is a joint venture led by Health Enterprise East (HEE) in partnership with Cambridgeshire and Peterborough Combined Authority, New Anglia Local Enterprise Partnerships (LEP), The Eastern Academic Health Science Network and Essex County Council. With this […]
Find out moreCombined Authority agrees loan to bring 88 empty homes in Ely back into use
Cambridgeshire and Peterborough Combined Authority Board has agreed a repayable commercial loan up to a maximum of £24.4 million to bring 88 empty homes in Ely back into use. The loan will enable the purchase of the Ministry of Defence-owned homes site at Princess of Wales hospital in Ely, where the properties currently sit vacant […]
Find out moreAgri-Tech growth fund grant awarded to pioneering sustainable food waste specialist, AgriGrub
AgriGrub, an East Cambridgeshire-based specialist in sustainable food waste solutions, has been awarded a grant of £29,292 by the Cambridgeshire and Peterborough Combined Authority. The grant, which is part of the Agri-Tech Growth Fund, will contribute towards vital research and assist the upscaling of AgriGrub’s pioneering organic fertiliser and biopesticide production. AgriGrub breed black soldier […]
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Combined Authority Board approves £10.5 million Wisbech road upgrade package to help deliver on growth ambition for town
The Cambridgeshire and Peterborough Combined Authority Board has approved allocating £10.5 million of funding to bring forward a package of improvements to the road system around Wisbech. The highway improvements will stimulate housing, economic and jobs growth in the town, with the funding coming via the Government’s Growth Deal package. The interventions have been independently […]
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Mayor James Palmer supports funding for study into delivering rail link between Wisbech and March
Cambridgeshire and Peterborough Mayor James Palmer has voiced his support for moving forward with a detailed study into delivering a rail link between Wisbech and March. The Mayor said re-establishing a rail link between Wisbech and March would boost the local economy and help deliver the proposed Wisbech Garden Town. At their meeting on November […]
Find out moreMayor James Palmer puts collaboration at heart of meeting challenge to double the size of the Cambridgeshire and Peterborough economy
Mayor James Palmer was today (November 6) joined by local elected representatives and business leaders to present his and the Combined Authority’s vision for meeting the housing, transport, skills and economic challenges raised in this Autumn’s Cambridgeshire and Peterborough Independent Economic Review (CPIER) report. The event, called Ambitions for Growth, was an opportunity for the […]
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Mayor James Palmer welcomes ‘single route approach’ as significant step forward in accelerating plan to fully dual A47 in Cambridgeshire
Mayor James Palmer has described the Combined Authority Board’s approval of a comprehensive, single route approach to dualling the whole of the A47 in Cambridgeshire as a significant step forward in the long wait for the road to be upgraded. A paper presented to the Board on Wednesday (October 31) also described the economic case […]
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Combined Authority welcomes budget announcement to support UK high streets
The Cambridgeshire and Peterborough Combined Authority (CPCA) have today, (Monday, October 29), welcomed a budget announcement from Chancellor Phillip Hammond that sees significant investment into our UK high streets. He announced a high street regeneration fund of £675 million and a cut to business rates by a third for small businesses for the next two […]
Find out moreSolar power lights up Whittlesea railway station
A Fenland railway station has improved its carbon footprint and boosted passenger safety after having new solar-powered lights installed. As the dark nights draw in, passengers at Whittlesea Station are benefitting from new LED ‘cat eyes’ powered entirely by the sun. A footpath between the station entrance on Station Road and Platform 2 used to […]
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Cambridgeshire and Peterborough Combined Authority welcomes ground-breaking independent report by UK
The Cambridgeshire and Peterborough Combined Authority (CPCA) today (Friday, September 14) welcome the findings of an in-depth, independent study by leading economists and academics, revealing why this area is so important for the future of the UK economy and how we can build on that success. The Devolution Deal with Government, secured in March 2017, […]
Find out moreSuccess for electric car charging points bill, supported by Mayor James Palmer
Mayor James Palmer’s support for a bill to give Metro Mayors powers to deliver more public electric car charging points has been successful. The enactment of the Automated and Electric Vehicles Act 2018 means that Mayor Palmer, along with other Metro Mayors, will be able to designate locations where large fuel retailers and motorway services […]
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Masterplan for St Neots Moves Forward
A bid for £4.1m of investment in St Neots will be presented at the Cambridgeshire & Peterborough Combined Authority Board meeting next week (Wednesday 27th June 2018). St Neots is the first Market Town in the Combined Authority area to complete its Masterplan and deliver a Strategic Business Case and funding proposal to the Board. […]
Find out moreMayor James Palmer opens new iMET technical skills centre
Cambridge Regional College and Peterborough Regional College are proud to announce their collaboration with the iMET Centre in Alconbury Weald, which officially opened its doors to local businesses across the region recently. The advanced technical skills centre provides innovative training to the construction, manufacturing, digital and science sectors. iMET aims to address the identified skills […]
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