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Growth Hubs

Asked by David ReedConservativeDepartment for Business, Innovation, Science and TradeTabled Answered 2 September 2026UIN 19761

The question

To ask the Secretary of State for Business, Innovation, Science and Trade, pursuant to the answer of 14 July 2026 to question 16800, how much of the funding provided to regional Growth Hubs is ring-fenced for emergency resilience and continuity planning.

Answered by Department for Business, Innovation, Science and Trade

For the 2026/27 – 2028/29 financial years, BIST is providing multi-year core grant funding to Local Authorities across England for them to provide a Growth Hub. Growth Hubs are expected to provide local businesses with advice and access to support for a broad range of business needs.

There are no ring-fenced elements; the parent Authority of each Growth Hub has flexibility in how and what it delivers, based on local business needs and local growth plans.

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