The Merseyside Jobs and Growth Fund has awarded its 50th grant taking the total amount of grants awarded past the £2 million mark.
This latest round of grant awards has been announced following the Investment Panel meeting held at the end of May.
Grants were awarded to a number of Merseyside businesses including Star International which received a grant of £42,000 towards the refurbishment of new premises and specialist equipment in Wirral.
The company supplies all types of refrigerants, welding gases, electric welding machines, fire service and safety equipment to the Marine & Offshore Market.
Director Matthew Ball commented: “The grant now means we can forge ahead with the expansion of our business. We’re hoping to finish the new premises by the end of August and the ability to kit it out with specialised equipment will help us grow into new and existing markets.
The application was straightforward and the support we received from Geoff and his team has been brilliant. We’re really grateful to have been awarded the grant funding.”
Geoff Bates, Regional Growth Fund Programme Manager at St Helens Chamber, commented: “We’re delighted to have awarded over £2 million in grant funding to companies across Merseyside and Halton.
The grant funding is supporting a wide range of projects allowing businesses to expand and is already on track to create or safeguard over 450 jobs across the region.
Over £3 million of grant funding is still available for Merseyside businesses but this must be awarded by March 2017.”
The Merseyside Jobs and Growth Fund is managed by St Helens Chamber and provides grants for businesses planning to expand or invest in Merseyside, creating new jobs for local people.
Funded through the Regional Growth Fund, grants of up to £75,000 are available to provide investment for growth when suitable finance is not available elsewhere. Grants are available for a range of capital projects that will create new employment opportunities, such as purchasing new premises, expanding current premises or capital expenditure on plant and machinery.
For more information visit the webpage or contact Geoff Bates at St Helens Chamber on 01744 742087.
