Levelling-Up: Government cash backs creation of new jobs through £723,000 investment in new technology
A raft of North Lincolnshire businesses are set to receive £141,000 to kickstart a range of projects to create jobs, grow the economy and help the environment.
Money for sustainability projects and digitalisation and marketing schemes will be used to install EV chargers, transition lighting to low-energy LED bulbs and for solar panel installation.
Areas that will benefit include manufacturing, agriculture, retail and hospitality.
Cllr Rob Waltham, leader, North Lincolnshire Council, said: “This is levelling up in action, enabling North Lincolnshire businesses to embrace sustainability and future-proof their operations.
“Every £1 of grant funding is being matched with £6 of cash from the businesses – this will help grow the local economy, creating more jobs for residents of North Lincolnshire.
“This latest cash injection comes hard on the heels of £200,000 given to local organisations and charities. It is another fantastic opportunity to directly shape a new, exciting future for North Lincolnshire.”
Twenty-eight businesses will receive a total of £141,154 of funding, which will back projects totalling £723,149, creating dozens of new jobs and safeguarding hundreds more.
It will also cut greenhouse gas emissions and support the council’s ambitious A Green Future strategy, dedicated to protecting and enhancing the environment while growing the economy.
The cash is part of the Government’s UK Shared Prosperity Fund (UKSPF), designed to increase community pride by supporting businesses and helping people achieve better outcomes, access opportunities and lead better lives.
The UKSPF is part of the suite of funds available through the Government’s £2.6bn Levelling Up agenda. It empowers each place to identify and build on their own strengths and needs at a local level.