There has
been great news over the past few weeks with funding secured for businesses to
develop and grow in Chesterfield.
£25m has
been secured from the Regional Growth Fund for Sheffield City Region and
Chesterfield has been fortunate to be part of this process. We know there will
be just under £2m of the money for Chesterfield businesses, with potentially
more for other companies in future, and this will be boosted to £10.1m as the
businesses themselves put funding into the projects. The projects will secure
25 existing jobs and create an additional 205 jobs, all within Chesterfield
borough. The majority will be related to new investment in manufacturing, both
the development of new products and the introduction of new
processes.
D2N2 Local Enterprise
Partnership also secured £5m from the Regional Growth Fund for the ‘Unlocking Investment Growth’
programme will means small and medium sized businesses can apply for grants of
between £50,000 and £1m, which can be used to invest in individual schemes which
help to create jobs, support business expansion and generate economic
growth.
Chesterfield has also been successful
in its bid for a £10k grant from the government for a Town Team Partner
project. The bid, which was put forward by Destination Chesterfield and had the
full support of the town’s MP, Toby Perkins and Chesterfield Borough Council was
in response to the earlier unsuccessful bids for the Portas Pilot
initiative.
This is
excellent news for Chesterfield, the £10,000 funding will be added to £20,000
generated by the Chesterfield Champions scheme to launch ‘Incubation Street’, a
new business start up scheme for Chesterfield. These are exactly the types of
initiatives Destination Chesterfield and the Chesterfield Champions Scheme were
set up for and we thank them all for their contributions which will go towards
supporting the growth of the next generation of businesses in
Chesterfield.
Details of
how these funds can be accessed will be promoted on www.chesterfield.co.uk once full
details are available.
