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About the Towns Fund

Introduction

The Towns Fund is a funding scheme launched by the government for towns like St Helens to improve their economy. More information about the scheme can be found in the Towns Fund Prospectus published in November 2019.

The government invited 101 towns to develop proposals for a Town Deal, as part of the £3.6 billion fund. St Helens was one of the towns across the country eligible to bid for up to £25million from the Towns Fund.

A Town Deal Board - a partnership between local business, community and political leaders - was established and, in July 2021, the board was successful in securing £25million in funding.

The money will assist in regeneration and contribute to delivering jobs, homes, skills and action to reduce our carbon emissions.