Growth Deal

A Growth Deal is an agreement where government or regional authorities invest funds into local areas to boost economic growth, create jobs, and improve infrastructure. It typically involves collaborating with local businesses, communities, and organizations to develop projects like road improvements, business support, or educational initiatives. The goal is to stimulate sustainable development, attract further investment, and enhance living standards, ensuring that the benefits are shared across the community. Essentially, it's a strategic partnership funding effort aimed at fostering regional prosperity and long-term economic resilience.