Stirling and Clackmannanshire City Region Deal

Investment in excess of £214million
£90million investment from UK and Scottish Governments
5,000 new jobs created

The Stirling and Clackmannanshire City Region Deal aims to unlock private investment opportunities in the area in excess of £640 million

The commitment from UK and Scottish Governments of over £90 million, and regional partners Stirling Council, Clackmannanshire Council, The University of Stirling and Forth Valley College, pledging to invest up to £124 million in the Deal provide a strong covenant that will inspire confidence and provide attractive propositions to developers and investors.

University of Stirling

With increased employment in the area a key driver for the City Region Deal, this combined investment should deliver over 5,000 jobs across a number of sectors.

The Deal sets out a compelling vision for the area playing to a range of strengths in transformational programmes and projects that will deliver four strategic outcomes;

  • Inclusive economic growth
  • Creating higher value jobs
  • Sharing prosperity
  • Inclusive skills ecosystem
Stirling and Clackmannanshire City Region Deal was signed on 26 Feb, 2020

These interventions and approaches will deliver a step-change in inclusive growth to benefit the city region, Scotland and the United Kingdom.
The Stirling and Clackmannanshire City Region Deal – seven key areas of investment:

  • Innovation – £77 million
  • Digital – £6.5 million
  • Culture, Heritage & Tourism – £26 million
  • Transport, Connectivity & Low Carbon – £26 million
  • Infrastructure – £5 million
  • Skills and Inclusion – £2 million
  • Capital Fund for Clackmannanshire

Key Areas of Investment

Innovation

Stirling International Environment Centre

Scotland’s International Environment Centre – a project led by the University of Stirling – will create an innovation community in Forth Valley that drives the creation of a net zero regional economy and delivers transformational change in sustainable business practices. Read more here.

Digital

Digital Hubs

City Region Deal investment will provide high quality business space, allowing growing businesses across the area to stay local, as they create new and exciting opportunities. This will see the area recognised as one of the UK’s leading areas for digital technology, and a centre of excellence for digital skills.

Codebase, Stirling

Transport, Connectivity & Low Carbon

Walk, Cycle, Live Stirling

Walk, Cycle, Live Stirling –one of the cornerstone projects of the Stirling and Clackmannanshire City Region Deal – is underway. The Walk, Cycle, Live, Stirling (WCLS) scheme is a vital part of the active travel network providing the stepchange required for an active travel culture, making travel by walking, cycling, and wheeling, for people of all ages and abilities easier in Stirling’s streets.
WCLS will create two active travel arteries, connecting people and places in the heart of Stirling like never before. Read more here.

Stirling International Environment Centre

Plans have been approved for Scotland’s International Environment Centre – a project led by the University of Stirling. The project will create an innovation community in Forth Valley that will drive the creation of a net zero regional economy and deliver transformational change in sustainable business practice. The table below shows the impact of the environment centre in numbers. Read more here.

100
industry partnerships
125
new regional jobs
200
start-ups supported
Working with 300 low carbon SMEs
Delivering a skills portfolio supporting 8669 individuals
£114 million invested into the region

Investment in Regional Energy

The Regional Energy Masterplan is a critical element of the city region’s response to the Climate Emergency. The Regional Energy Masterplan will provide a strategic overview of the city region area as a whole, assessing energy consumption needs and energy generation opportunities to assist in the transition to a low carbon region, with a focus on the key principles of:

  • Tacking Fuel Poverty
  • Improving Energy Efficiency
  • Providing renewable and low carbon energy solutions
Low Carbon Transport Hub at Castleview Park and Ride

Skills and Inclusion

The Skills and Inclusion Programme represents £1.9m of Scottish Government funding to harness the opportunities offered to promote equality, address inequality and maximise the economic benefits it offers to the residents.


Latest News

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Walk, Cycle, Live Stirling – one of the cornerstone projects of the £90.2million Stirling and Clackmannanshire City Region Deal…
Regional Digital Hubs to benefit from £2m City Region Deal Funding…