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  3. Developing the Staveley Town Investment Plan
Chesterfield Borough Council

Developing the Staveley Town Investment Plan

Working as subcontractors to BDP, Steer Economic Development was commissioned to assist Chesterfield Borough Council in its preparation of a full Town Investment Plan application to the UK government’s Towns Fund. The Towns Fund enabled invited towns to bid for up to £25m funding to deliver long-term economic and productivity growth in their localities through:

  • Urban regeneration, planning, and land use;
  • New private sector investment in skills and enterprise infrastructure development; and
  • Improved physical and digital connectivity.

Steer Economic Development’s initial work involved generating a socioeconomic baseline for Staveley town to provide the evidence base from which tangible actionable projects could be developed to address Staveley’s key challenges and opportunities. With a baseline in place, we then worked alongside the client and BDP to generate a longlist of potential projects, which were then scored against a framework linked to Towns Fund objectives. This produced a shortlist of 11 projects which met simultaneously Towns Fund objectives and Staveley town’s evidenced regeneration requirements.

In closing the work, Steer Economic Development produced a series of robust and evidenced output and outcome/impact projections for each shortlisted project, with these then being assembled and narrated to provide a comprehensive, coherent, and communicable Town Investment Plan for Staveley. The bid was submitted to government at the end of 2020.

Image credit: Chesterfield Borough Council website
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