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£340,000 business initiative for Pendle
9:00pm Monday 8th October 2012 in Pendle
A NEW £340,000 scheme to boost business and employment has been welcomed in Pendle.
The Gearing Up For Growth programme encompasses grants for new and existing businesses, plus graduate training programmes and improved access to business Coun Paul White, who represents economic development in Pendle, said: “We have to get our local economy moving, and that’s why it's vital that the council does all it can to help businesses in Pendle, supporting those that wish to expand and encouraging growth of new companies.
“On top of that, and directly linked to it, we have to get more young people into work. That's why we’ve allocated £340,000 to the Gearing Up For Growth programme.
“The fund addresses several targets. There is a big focus on encouraging enterprise by offering support to new and existing businesses. We're also putting money into local firms to encourage them to take on apprentices and young people not currently in work.
“In addition, we're launching a graduate scheme, as we’ve had a real problem in Pendle with people getting professional qualifications and leaving the area.”