Partly Cloudy

Partly Cloudy

max temp: 7°C

min temp: 1°C

ESTD 1874 Search

Great Yarmouth/ Lowestoft: New Anglia LEP ‘disappointed’ at missing out on Enterprise Zone cash

18:30 29 January 2014

Beacon Park at Gorleston.

Beacon Park at Gorleston.

Archant Norfolk © 2013

New Anglia Local Enterprise Partnership (LEP) has expressed disappointment at missing out on a share of £100million-worth of Government funding to support Enterprise Zones.

shares

The LEP had entered a bid for £5.1m towards the cost of creating some small and medium-sized industrial units on the Beacon Park site at Gorleston, part of the Great Yarmouth and Lowestoft Enterprise Zone, together with associated road infrastructure.

However, the project has failed to make the list of 12 shortlisted schemes announced by the Department for Communities and Local Government (DCLG), although bids by the neighbouring South East and Greater Cambridge & Greater Peterborough LEPs were successful.

A spokesperson for New Anglia LEP said that although the failure to secure part of the latest round of funding was a disappointment, it would continue with efforts to bring the Beacon Park scheme to fruition.

“Whilst we are naturally disappointed for the project not to have been initially shortlisted, feedback that we received was positive, but the competition for this Enterprise Zone funding was intense across the country.

“We will continue to work with DCLG and Great Yarmouth Borough Council to promote the scheme in the hope that further funding will be found to support this project,” the spokesperson added.

Enterprise Zones, a Government initiative overseen by the network of LEPs across the country, aim to promote economic growth through a range of support including business rates relief and a simplified planning process.

Among the bids shortlisted in the latest round of funding were a £5m project at the Alconbury Enterprise Zone in Cambridgeshire, involving groundworks for an office development expected to employ up to 600 people by 2016, and £11.21m-worth of roads to open up vacant land within the Harlow Enterprise Zone in Essex, for developments with potential to crate 2,300 jobs by 2025.

shares

0 comments

A aerial view of Stansted Airport.

Stansted Airport has reported its busiest-ever January with more than 1.66million passengers passing through its terminal last month.

Delegates at an Innovation Martlesham event this week celebrating the inclusion of Ipswich in the new TechNation report on the UK's leading technology clusters.

Digital businesses in and around Ipswich are worth nearly £200million to the local economy and employ nearly 10,000 people, according to a new study.

Completion of the renovation work at St Lawrence church, Ipswich 
Mike Taylor, Cllr Sandy martin, John fields  and Peter brooks

£100,000 makeover for church in the heart of Ipswich centre

Most businesses do not believe the Governments target of achieving full employment within five years, according to a new report.

Most businesses do not believe the Government’s target of achieving full employment within five years, according to a new report.

Telecoms giant BT is to launch a breakthrough new service aimed at diverting millions of nuisance calls.

Telecoms giant BT is to launch a “breakthrough” new service aimed at diverting millions of nuisance calls.

Most read

Fred Olsen Travel Sale

cover

Click here to view
the Fred Olsen
Travel Sale

View

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Great British Life

Great British Life
MyDate24 MyPhotos24