More than £1m of grant funding has been secured by Harrogate district businesses to help them achieve their plans for growth.
Seven companies have secured a total of £1.12m of funding from the Leeds City Region Enterprise Partnership’s (LEP) Business Growth Programme, which in turn has helped generate £10m of private sector investment.
Harrogate Spring Water was awarded a £430,000 grant towards a new production plant, and Covance Laboratories received a £575,000 grant towards a new European R&D Centre for Nutritional Chemistry and Food Safety. Other grant recipients include Knightsbridge Neckwear, a local printing company, and three manufacturers.
Roger Marsh, chairman of the Leeds City Region LEP, said: “Harrogate is home to some pioneering companies with ambitious business plans and I am delighted to see the Business Growth Programme enabling this good growth.”
Grants are still available, and due to the district’s membership of two LEPs, local businesses can also apply for the York, North Yorkshire & East Riding LEP’s business growth fund.
The Leeds City Region LEP Business Growth Programme provides grant funding of between £10,000 and £500,000 to create new jobs and aid business growth and is open to all businesses based in the Harrogate district or those planning to invest here, provided they meet the eligibility criteria.
It is envisaged that the fund will create hundreds of jobs across the region over the coming years.
Nigel Avison, Harrogate Borough Council’s Director of Economy and Culture, said: “It’s fantastic that these local businesses have taken advantage of the Leeds City Region Enterprise Partnership’s Business Growth Fund and I would encourage other businesses in the district to do the same before the money runs out.”