Greater Manchester Good Growth Fund

The Greater Manchester Good Growth Fund sits with Greater Manchester Combined Authority as a city-region investment vehicle for housing, regeneration, transport links, employment districts, and innovation space. Its capital base brings together the integrated settlement, Government support, Greater Manchester Pension Fund investment, borrowing against retained business rates, and up to GBP 500 million from the National Wealth Fund, taking the initial pool to nearly GBP 2 billion. It is not a competitive open call. Greater Manchester leaders allocate money to a pre-identified pipeline of 30-plus projects, with the first GBP 400 million approved in November 2025 and a further 13 projects announced in March 2026. The fund is used to make schemes viable rather than to finance every pound of delivery, and the commitments attached to awards include apprenticeships, T Level placements, the Good Employment Charter, local suppliers, and low-carbon standards. The strongest fit is a project already judged to be strategically important for the wider city region, not an applicant looking for a standard grant form. The Good Growth Contract and the Good Futures Fund show how the program is designed to pull local benefits out of public capital, while the delivery model makes private investment part of the wider growth case.

No upcoming rounds verified. Cadence: One-off.