Cheltenham town centre, Gloucestershire, United Kingdom

Levelling Up funding for innovation centre

Cheltenham Borough Council has announced that it has signed a memorandum of understanding with the Levelling Up Department, with funding being secured for an innovative project.

Through the MoU, the council will benefit from £20 million to support the delivery of the first phase of the Golden Valley Development. This development will see the construction of the National Cyber Innovation Centre in the area, with enterprise, academia and business all coming together to support wider ambitions for a vibrant, innovative community in Cheltenham.

“The Golden Valley Development will build on our strength as a town and helps to deliver jobs, housing and prosperity to Cheltenham.”

The council has already committed £130 million to the project, with that particular funding being agreed in September in 2023, and the National Cyber Innovation Centre itself being home to office, event and beverage spaces, whilst being accessible to schools, universities and the local community. This will be used to inspire young people to take up careers in cyber, whilst also support job growth for members of the community.

Cheltenham Borough Council’s Chief Executive, Gareth Edmundson, said:

“Making progress to secure this funding is excellent news. The Golden Valley Development is moving forward at pace and the £20 million Levelling Up Funding helps build on the significant investment already made by the council to deliver this pioneering project and to transform West Cheltenham into an internationally recognised tech and security with the National Cyber Innovation Centre at its heart.

“The Golden Valley Development will build on our strength as a town and helps to deliver jobs, housing and prosperity to Cheltenham.”

Funding will be formally ratified and accepted when the council’s cabinet meets on the 23rd July, with the investment being able to be used straight away.


Image credit: iStock


PSE April/ May 2024

Alarming decline in UK costal water quality

Dive into our latest edition for April/May 2024!


More articles...

View all
Online Conference


2024 Online Conferences

In partnership with our community of public sector leaders responsible for procurement and strategy across local authorities and the wider public sector, we’ve devised a collaborative calendar of conferences and events for leaders of industry to listen, learn and collaborate through engaging and immersive conversation.

All our conferences are CPD accredited, which means you can gain points to advance your career by attending our online conferences. Also, the contents are available on demand so you can re-watch at your convenience.

Public Sector Executive Podcast

Listen to industry leaders on everything within the public sector

From government policies and public administration to education, healthcare, and infrastructure, we explore the challenges and innovations shaping our communities.


Join us as we speak with industry leaders, policymakers, and frontline professionals, providing you with valuable insights and perspectives to stay informed and engaged with the issues that matter most.