Around half a million pounds will be available to support economic growth and new jobs in the Midlands, the communities secretary today announced.
The money will be invested in the space, food and drink, and advanced manufacturing sectors across new manufacturing zones in the East Midlands
The zones, which will be located between Lincolnshire and Leicester, aim to reduce planning restrictions to allow land to be used more productively and provide certainty for business investment.
Melton Mowbray, Space Park Leicester, and areas across North Derbyshire and Greater Lincolnshire will benefit from the £500,000 of funding.
‘Manufacturing, innovation and trade are at the heart of the East Midlands economy, so it is the perfect place for the UK’s first Manufacturing Zones,’ said communities secretary James Brokenshire.
‘This is another example of how the Government’s is delivering for the Midlands with our modern Industrial Strategy backing local businesses and building on local strengths.’