Good Growth Fund

Good Growth Fund: supporting regeneration in London

Congratulations to the first round of successful bids for the Good Growth Fund - City Hall’s biggest placemaking regeneration fund - giving local communities the chance to play a key role in making London a better place for all.

From over 200 initial bids for funding, 27 successful projects will receive a share of £24m investment. Funded projects will help to boost local economies, bring people together and enhance the culture on offer.

In addition, a further 27 projects will receive a share of £1.6m Development Funding to help scope and define projects further. 

The fund supports a range of cultural, employment and green infrastructure projects.

Read more about the projects awarded.

What is the Good Growth Fund?

The Good Growth Fund is Mayor Sadiq Khan's new £70 million regeneration programme to support growth and community development in London. 

Working with the London Economic Action Partnership (LEAP), the fund will support projects that are: inclusive, innovative and which demonstrate an outstanding approach to challenges faced across London.

Who can apply?

The Good Growth Fund is open to a broad range of public, private and third-sector organisations in London who want to drive regeneration in their local area. These include:

  • London boroughs
  • sub-regional partnerships 
  • town teams and business improvement districts
  • workspace providers
  • community groups
  • social enterprises
  • small and medium-sized enterprises
  • charities
What will we be funding?

We want to fund a range of projects and hope applicants respond creatively to our suggestions. This list is not exhaustive, and projects may deliver on one or more of the following actions:

  1. Develop civic infrastructure
  2. Back small business
  3. Secure and create workspace
  4. Drive innovation
  5. Build skills and employability
  6. Deliver community-led regeneration
  7. Enhance public space
  8. Share culture

Next steps:

  • the Good Growth Fund is currently closed for application, but we will be holding another round in early summer 2018 and will confirm the timescales soon
  • sign up to receive the Mayor’s Regeneration Newsletter to find out about future rounds of the Good Growth Fund and further opportunities for funding and support
  • if you have any further queries about the Good Growth Fund please contact us