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HS2 Community & Business Funds Annual Review 2017/18

Groundwork, independent administrators of Phase One of HS2 Community and Environment Fund (CEF) and Business and Local Economy Fund (BLEF) release review of first 12 months of funding programme.

The Funds, which have a combined value of £40 million have so far awarded £245,000 to six projects, with grants totaling £746,000 pending approval.

Over 300 CEF and BLEF applications are currently in progress from along the line of route for Phase One.

Groundwork say take up of BLEF funding has been slightly behind that of CEF – but predicts this will change in coming months.