The Glasgow City Region City Deal is an agreement between the UK Government, the Scottish Government and eight local authorities across Glasgow and the Clyde Valley.
The eight partner authorities are East Dunbartonshire Council, East Renfrewshire Council, Glasgow City Council, Inverclyde Council, North Lanarkshire Council, Renfrewshire Council, South Lanarkshire Council and West Dunbartonshire Council.
The City Deal will benefit People, Communities, Business and will support the local area to achieve its shared long-term vision through:
- Growth in life sciences - establishment of world class research and development and commercialisation facilities.
- Improved infrastructure - £1.13 billion fund to support the delivery of an improved transport network across Glasgow and the Clyde Valley, development and regeneration sites and improved public transport.
- Supporting business innovation - providing additional business incubator and grow-on space for entrepreneurs across the region enabling more small and medium enterprises to grow.
- Dealing with unemployment - creation of thousands of new jobs and establishment of programmes to provide targeted support to 16-24 year olds and vulnerable residents, and testing new ways of boosting the incomes of people on low wages to make them more self-reliant.
Over its lifetime the City Deal aims to achieve:
- 29,000 jobs
- 19,000 unemployed residents assisted with 5,500 reaching sustained employment
- £1 billion Scottish Government and UK Government capital funding
- £3.3 billion of new private sector investment generated
- £2.2 billion in additional Gross Value Added (GVA) per annum across the city region