Small businesses in Derbyshire could benefit from grants of up to £50,000 as part of a £3m drive to protect and create jobs.
Derbyshire Economic Partnership – backed by Derbyshire County Council – has been provisionally awarded the cash from the Government’s Regional Growth Fund.
On Tuesday, September 10, members of the county council’s cabinet are due to consider a recommendation that the authority pledges £70,000 towards administration costs of the scheme.
If the recommendation is approved, the new “Global Derbyshire Small Business Support Programme” would launch in November. The project aims to create a minimum of 200 new jobs, safeguard at least 48 more, and attract £4m of private sector investment in the county.
Councillor Joan Dixon, Derbyshire County Council Cabinet Member for Jobs, Economy and Transport, said: “Building a strong economy that creates jobs, grows businesses and provides a future for the young people of Derbyshire is a firm commitment. Small businesses are the lifeblood of the Derbyshire economy and we need to support them to flourish.
“The Global Derbyshire scheme would support creativity and provide a vital source of funding to allow businesses to expand and seek new markets both at home and internationally.”
Grants will focus on support for start-up businesses,
business innovation and development, companies helping deliver the aims of Digital Derbyshire and export promotion.