Stirling and Clackmannanshire City Region Deal
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.
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
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
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.