Funding Available to Support Regeneration in London

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Round 2 of the Good Growth Fund, Mayor Sadiq Khan’s £70 million regeneration programme to support growth and community development in London, is now open. Working with the London Economic Action Partnership (LEAP), the fund supports innovative, best practice regeneration activities.  The aim is to encourage active participation in local communities through the delivery of co-ordinated place-based strategies that support diverse and accessible local economies from high streets and town centres to industrial areas. 

A broad range of public, private and third-sector organisations are eligible to apply including:

  • London boroughs
  • Sub-regional partnerships
  • Town teams and business improvement districts
  • Workspace providers
  • Community groups, social enterprises and charities
  • Small and medium-sized enterprises

Round 2 offers a further £20 million of funding for collaborative proposals that bring together a range of partners to focus resources and seize opportunities in a local area. No minimum or maximum grant levels are stated; in Round one the largest grant awarded was £2,957,505 and the smallest £90,000.

Deadline for stage one applications is 13 July 2018

The 27 projects funded in round one included:

  • Battersea Arts Centre Community Garden, received £150,000 to help provide an edible, sustainable community garden with artistic interpretation on a newly reopened and greened Town Hall Road in Lavender Hill, Clapham
  • Participatory City Foundation, received £850,000 towards a participatory programme centred on the development of a warehouse which will provide a range of facilities for local users, including a metal and wood workshop, industrial kitchen facilities, fabric workspace and teaching space
  • Inclusive Growth in Finsbury Park received £1,030,000 to provide affordable studio and workspace for community groups where disadvantaged residents will be supported to set-up and grow their own businesses and receive business support and training.

 Useful Links:

Good Growth Fund Prospectus

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