CUMBRIA'S bid for an economic partnership to tap into a new £1.4bn regional growth fund has today been approved by the Government.
The county was included in the list of 24 Local Enterprise Partnerships (LEPs) given the go-ahead today by Business Secretary Vince Cable.
Across the North West, bids by Greater Manchester, Liverpool City and Cheshire with Warrington were all included in the list, but Lancashire's three bids were turned down.
LEPs are set to replace regional development agencies to drive the economy at local level via public and private sector partnerships.
They will be able to submit funding bids for a share in the regional growth fund and will need to find their own day-to-day running costs.
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