New funding soon to be changing the business landscape of Inverness and the wider Highlands area Pulls New projects funded by the City Deal will focus on the attraction and retention of young people in a region that has traditionally seen their out-migration.
In March this year it was confirmed that Inverness and the wider Highlands area would benefit from a £315 million investment deal to improve transport links, digital connectivity and develop the region as a science and technology hub. This landmark investment comes from three main sources. Over a 10-year period the UK Government has committed £53.1 million, £127 million is from the Highland Council and its regional partners and the Scottish Government has committed a further £135 million. This significant funding agreement provides a transformative opportunity for Inverness and the Highlands. As investment is delivered it will help to position Inverness and the wider Highlands as a region of digital opportunity and strength, creating the best digitally connected rural region in Europe.