Town Board established to progress Government Town Fund application
Published on Tuesday, 21st January 2020
The Nuneaton Town Deal Board brings together a wide range of knowledge and skills across private and public sectors.
The first meeting of Nuneaton’s new Town Deal Board, established to develop a Town Investment Plan to apply for funding of up to £25m from the £3.6bn Government’s Stronger Towns Fund, took place on Wednesday last week.
During September last year, Nuneaton was shortlisted as one of 101 towns that could potentially benefit from funding from the introduction of a new Government Towns Fund. The Town Investment Plan, which needs to be produced by summer 2020, will set out the key investment priorities and opportunities for Nuneaton as well as documenting its assets and challenges.
One of the requirements included in the Government’s prospectus for the Towns Fund is that a Town Deal Board must be established, with a membership that includes both the private and public sectors, and chaired by a representative of the local business community.
Nuneaton’s Town Deal Board is chaired by Sean Farnell, a partner at Burgis and Bullock Chartered Accountants and has 17 members including Marcus Jones MP, Borough and Warwickshire County Councillors, members of the Coventry and Warwickshire LEP Board, senior personnel from local business, education and community organisations and a representative from the West Midlands Combined Authority.
Sean Farnell, Chair of the Nuneaton Town Deal Board said:
“I am delighted to have been appointed as the chair of the Nuneaton Town Deal Board which brings together a wide range of knowledge and skills across private and public sectors. My fellow Town Deal Board members and I are looking forward to working together to develop a high quality Town Investment Plan and subsequent business case to secure the maximum amount of Town Deal funding for Nuneaton”.
Cllr Julie Jackson, Leader of the Borough Council and a member of the Nuneaton Town Deal Board said:
“Our first Town Board meeting was very successful. We have a highly experienced Board who are clearly excited to be able to get stuck into the task of developing a Town Investment Plan for Nuneaton which will set out key priorities and will hopefully allow access to significant Government funding”.
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