In response to Derby becoming the third fastest growing city in the UK and Derby’s economic growth is amongst the highest in the UK, Councillor Amo Raju, Cabinet Member for Leisure, Culture and Tourism, commented that: “Despite economic uncertainty, Derby has a thriving economy that continues to grow, and provide excellent opportunities for people who live and work in the city.
“Derby City Council (DCC) is committed to attracting visitors to our city to achieve economic, social and cultural benefits. Part of these efforts involves continuing our close working with partners to secure development funding.”
Amo continued to express joy in the support of the redevelopment of the Silk Mill by the Heritage Lottery Fund (HLF) and Arts Council England (ACE), which provides a strong future for culture in Derby.
Amo said “The HLF have been great supporters of Derby in recent years by funding the restoration of Derby Arboretum and Markeaton Park as well as several other cultural projects. ACE has also announced investment of more than £10.1 million over four years in Derby through their National Portfolio of Organisations.
“The £16.4million project to turn Derby’s Silk Mill museum into a world class attraction will receive £3.7million secured by the Council via the D2N2 Local Enterprise Partnership’s Local Growth Fund 3 (LGF).
“Funding for the project includes contributions from project partners the Heritage Lottery Fund (£9.4m), Arts Council England (£2.7m), Derby City Council (£350,000) and Partner Museum Funding Trusts (£228,700).
“It has been important to us to support this project which is a key element of the City Centre Masterplan to bring 140,000 visitors a year to the area boosting the cities economy, by an estimated £4.24million a year.”
141 jobs and support for 20 businesses are to be created by the museum’s expansion.