The fund will be used to support projects that are inclusive, innovative and tackle some of the challenges facing the Royal Docks. It will also seek to support local economic activity, create new jobs and workplaces, and ensure these opportunities are accessible to the whole community.
The fund shares the three pillars of the Mayor of London’s Good Growth Fund. These are:
In addition to these pillars, successful projects will respond to Newham’s community wealth-building strategy, and reflect the principles of innovation and transformation.
£4 million has been ring-fenced to support projects that are led by local community organisations.
We will provide capital grants of up to £3 million to deliver place shaping and development projects. Applicants are required to provide at least 50% match funding. Like the existing London-wide programme, funding will be delivered through the Local Economic Action Partnership (LEAP).
Please read the Royal Docks Good Growth Fund prospectus carefully to ensure that you fully understand the criteria and process. If you are ready to express your interest in the programme, tell us a bit more about your project by filling out an expression of interest form.
The fund is a rolling fund so there isn’t a deadline for applications.
We will soon be announcing a series of information events where you can find out more about the fund and speak directly to our team.
We are welcoming applications from a wide range of public, private and third-sector organisations including community groups, social enterprises, small- and medium-sized enterprises (existing and new to the Royal Docks area), larger organisations based within the Royal Docks, businesses aspiring to move to the Royal Docks and charities within London that wish to drive and lead innovative regeneration.
Applicants must either be based within the Royal Docks, or their activity must demonstrably benefit the Royal Docks area.