In September of 2019 Hartlepool was named as one of 101 towns across England who had been invited to work with the government to develop innovative regeneration plans to transform their town’s economic growth prospects. Each town has been given an initial grant to support the development of a Town Investment Plan and will be eligible for £25 million in funding to realise these plans.
In Spring 2020, a Town Deal Board was set up to identify priorities for investment, bringing together business stakeholders, partners and the community.