3,000 Merseyside small companies to share £10m bonanza
Source: Liverpool Post
More than 3,000 small businesses and sole traders will share £10m to help grow the Merseyside economy.
Council bosses believe that small business start-ups hold the key to the long term success of the region.
Half of the money for the £10m Merseyside Business Support Programme is coming from the European Regional Development Fund (ERDF) with the remainder from local authorities and the private sector.
The support programme is expected to lead to the creation of 1,500 jobs and safeguard a further 1,100. Regional leaders also hope the money will help improve performance at almost 2,000 of the businesses that receive the help.
Liverpool, Halton, Sefton, Knowsley, Wirral and St Helens councils have joined forces with voluntary and community sector representatives for the project which will help local businesses maximise their job creation opportunities and target people from disadvantaged areas.
It is particularly aimed at priority employment sectors in the super port, low carbon, knowledge and visitor economies.
A total of 998 jobs will be created in Liverpool – 115 in Halton, 125 in Sefton, 125 in Knowsley and 57 in Wirral.
In addition Vauxhall Neighbourhood Council, Sefton CVS, ELECT (East Liverpool Economic Community Trust Ltd), Wirral CVS and Halton and St Helens VCA will support businesses to create a total of a further 152 jobs.
Cllr Nick Small, Liverpool’s cabinet member for employment, enterprise and skills, said: “This is a substantial sum of money which will enable us to help and support firms as they strive to expand. We want to make sure that people living in the most deprived parts of the city region benefit from job opportunities.
“We will be providing expert assistance to those who can help us achieve our aim of increasing the skills and confidence of people in these communities to become ready to access employment.”
Although the money equates to just over £3,000 each it is aimed at making small scale interventions that reap bigger rewards.
For more news from the Liverpool Post visit www.liverpooldailypost.co.uk