Food enterprise zone boost for Grimsby
16th March 2017
GRIMSBY has won a significant portion of a Local Growth Fund win for Greater Lincolnshire.
It has secured a food enterprise zone, understood to focus on extending Europarc, as part of a £29-million announcement by Communities Secretary Sajid Javid.
In total three food enterprise zones will be created across the county from a £6.5 million slice of that fund.
The others will be at Holbeach and Hemswell Cliff. It will allow them to offer developer-friendly benefits such as enhanced capital allowances or business rate discounts.
A £6.5 million Skills Capital Programme across Greater Lincolnshire is also part of the wider deal.
Local Growth Minister Andrew Percy MP said: “This latest £29.45 million funding will make a real difference to people in Greater Lincolnshire. As well as creating new jobs and supporting businesses, we’re investing in the next generation with a new skills programme to improve access to further education. It will give young people the tools they need to reach their potential.
“It is further proof that we will back the people of Greater Lincolnshire with resources to get the region firing on all cylinders, now and in years to come.”
The Greater Lincolnshire Local Enterprise Partnership has been negotiating with the Government and co-ordinating funding bids.
The investment will support infrastructure and services to accelerate the development of the three zones, creating employment land and enabling key buildings specifically designed to support the growth and expansion of Greater Lincolnshire’s agrifood clusters.
Its chair, Ursula Lidbetter MBE, said: “This announcement marks a further step in the growth of our economy and is an endorsement of our Strategic Economic Plan. In every experience I have had of backing local people and local initiatives, the results have exceeded expectations.
“Our LEP will be focusing closely on the schemes announced today and on delivering our growth promises.”
Further plans include:
£5 million for a new Centre for Health Science on the University of Lincoln campus. The centre, led by the University of Lincoln, will drive growth, productivity, higher level skills and innovation throughout the health and care sector.
Other schemes to benefit are:
• Gainsborough Growth Project (£4 million)
• Junction improvements on the A46 around Lincoln (£2.5 million)
• A17 Sutterton Roundabout Pinch Point Scheme (£1 million)
• Sleaford Growth Project (£2 million)
• Advanced Engineering Research and Development Centre, Lincoln (£2 million)
Mark Tinsley, Greater Lincolnshire LEP’s lead board director for food and farming, welcomed the funding for the three food enterprise zones.
“We are delighted with this recognition of Greater Lincolnshire’s agriculture and food industries,” he said.
“The £6.5 million investment into our three food enterprise zones will be a very positive stimulus and emphasises the importance of the positive collaboration between Greater Lincolnshire’s LEP and our local authorities when it comes to securing funding.”
News Courtesy: www.humberbusiness.com