Investment by the Northwest Regional Development Agency (NWDA) and English Partnerships forms an important part of the overall package of regeneration measures for Blackpool announced in Parliament on 26 February 2008 in response to the report of the Blackpool Task Force. Central Government does not itself make decisions on, or directly fund, such investment, which quite properly must be informed by regional and local funding priorities and be funded according to the criteria and resources of the relevant organisations.
The NWDA have worked closely with ReBlackpool on the Talbot Gateway development, have provided initial financial support and now await costed proposals for the next stages. Talbot Gateway is expected to lever significant private sector investment.