Two projects designed to encourage the creation of jobs and training opportunities within East Lindsey have been recommended for £417,000 of district council funding - subject to approval of further funding from the European Regional Development Fund (ERDF) and full council approval.
The ELITE (East Lindsey Information Training and Enterprise) project has applied for £194,686 from the ERDF, which would be used to employ a team of advisors in an effort to support medium and small businesses in their attempt to grow and create new jobs.
The team would also look to work with local employers to develop their workforce. This would be delivered through direct support, workshops, training and networking events within the district.
And, Revival East Lindsey has applied for £506,998 through the ERDF, to deliver a package of training support and business networking opportunities aimed at high street businesses and town centre regeneration.
The project is also intended to deliver a specific programme of marketing activity to retain visitor footfall and expenditure in thedistrict’s town centres.
East Lindsey District Council’s Executive Board agreed to put the two projects forward for ERDF funding and also recommended that the full council approve match funding for one of the projects of £115,719, with the condition that the projects are successful in their ERDF bid.
The council’s portfolio holder for economic regeneration, Craig Leyland, said: “It is vital that we support both the creation of new jobs and those establishments that provide training for our growing workforce which is why we have put the ELITE and Revival East Lindsey projects forward for funding and have recommended approval for match funding through the council.
“The current economic climate is taking its toll on the district, as it is nationally, so it is important that we ensure local people are well equipped with the skills needed to develop their careers in local employment sectors and that businesses are helped to diversify and develop so that new jobs are created.
“This in turn will help our communities grow and become self-sustainable and help to ensure the districts economic future.”
These two bids form part of a wider countywide bid to the ERDF. An announcement of the confirmed level of funding allocated is expected this month.
If this funding is approved, East Lindsey District Council’s full council will decide whether to allocate the additional funds requested.