Boston is looking forward to a new era after receiving the news that it is to be given millions of pounds from the Government’s Towns Fund scheme.
Boston is set to receive £21.9 million, having put forward several ambitious projects aimed at creating jobs by investing in education, tourism, infrastructure and skills.
The offer opens opportunities with the government and the private sector about future ways to support and revitalise the town post COVID, providing a huge boost to regeneration and economic recovery.
The terms of the Towns Fund offer will be signed through a collaborative approach between the Boston Town Deal Board and Boston Borough Council to enable the funding to be released before work starts on developing the business cases for each project.
Chair of the Boston Town Deal board and MD of Chestnut Homes, Neil Kempster, said: “We’re incredibly proud to be receiving the funding we bid for back in October. This is a culmination of so much work, and it’s so exciting to see our hard work being rewarded. Boston deserves to be recognised as a historic and forward-thinking town.
“As with other towns fund recipients, we are determined to make sure this is a catalyst for more investment and further growth for the town. The projects we have already in motion thanks to accelerated funding from the Towns Fund are ambitious in their scope, and this further funding just underlines that.”
Boston Borough Council Leader, Councillor Paul Skinner, said: “We’re absolutely thrilled to have secured a Town Deal. This will help in launching Boston into the future, building on its unique heritage and investing in professional and technological support needed that will shape the development of an aspirational, skilled and healthy population.”
To learn more about the ambitious plans, visit www.bostontowndeal.co.uk