Innovative projects, which help Londoners shape the future of their local communities, are set to benefit from a £24 million investment from the Mayor of London, Sadiq Khan, according to the latest announcement from the City Hall.
From a community theatre and a fully-accessible community centre for Londoners with disabilities to exciting plans to transform markets and high streets, 54 projects across the capital will benefit. Through his Good Growth Fund, the Mayor has announced a final £23.7 million to support more than 40 forward-thinking regeneration projects across the capital.
Launched in 2017 and delivered in partnership with the London Economic Action Partnership (LEAP), the Good Growth Fund seeks to make London fairer and more inclusive by strengthening civic networks at a local level, encouraging innovation and supporting great design. In total, the Fund has supported 138 projects, allocating more than £75 million.
Meanwhile, the mayor has made pledges worth £343,500 through the seventh round of his Crowdfund London programme – from a social enterprise cinema in Brent to a grassroots community space in Upton Park, the Mayor is supporting 14 community-driven ideas.
Since its launch, Crowdfund London has backed more than 130 local projects proposed and delivered by communities to improve their local areas. The Mayor has pledged more than £2.5 million alongside almost 20,000 members of the public, the announcement added.
The Mayor of London, Sadiq Khan, said: “London’s local communities are sources of tremendous innovation and creativity. Through my Good Growth Fund and Crowdfund London programme we’re supporting thousands of businesses and helping more Londoners make a difference to their local areas across the city. London’s growth places significant pressures on our high streets and open spaces – the funding I’m announcing today will help create healthier and more inclusive places to work, live and visit.”