Growing our economy to benefit everyone is at the heart of everything we do
The Combined Authority is investing hundreds of millions of pounds to grow the economy in every part of the Liverpool City Region. We’re investing in start-ups and fast-growing business, attracting companies to locate here, and delivering the transport, digital infrastructure and skills they need to thrive – and create jobs for local residents.
The LCR Urban Development Fund is a £25 million fund managed under the Strategic Investment Fund framework. The Fund is backed by the 2014-2020 ERDF England Operational Programme and it is a funding route to foster smart, sustainable and inclusive growth for our Liverpool City Region.
Liverpool City Region (LCR) Freeport is one of only eight freeports in England. After working in partnership with ports, businesses, local authorities, trade unions and wider stakeholders, its Full Business Case (FBC) was approved by the UK Government in December 2022 and it became operational with the opening of its first customs site in January 2023.
The LCR’s Business and Enterprise Board (BEB) was established in 2023, with the purpose to articulate business views about the main economic opportunities and challenges facing the city region so they can be reflected in policy priorities, especially those in industry clusters (advanced manufacturing, creative and digital, health and life science) that will be of critical importance to the future success of the city region economy.