
The government has awarded £25 million to six UK regions with strengths in creative industries such as film and TV, music, fashion and video games as part of the Creative Places Growth Fund.
The fund was announced in the Creative Industries Sector Plan in June, as part of the Industrial Strategy. The government plans to to invest £150 million in the creative industries of six regions outside of London - Greater Manchester, Liverpool City Region, North East, West of England, West Midlands and West Yorkshire.
The fund will be split evenly across the regions to drive growth, innovation and investment.
The fund is designed to empower local Mayors to support creative professionals, businesses and young people in their communities with access to finance, mentoring and networking opportunities to help them connect with investors and skills programmes.
The £25 million allocations will be awarded to the six Mayoral Strategic Authorities (MSAs) over three years, starting in the 2026 financial year, for them to distribute according to local barriers and opportunities.