Businesses invest £2.2m in North Lincolnshire backed with Government cash

14:21, Friday, 2nd February 2024

Dozens of businesses across North Lincolnshire have invested more than £2.2m after being backed with £300,000 Government cash.

More than 250 jobs were created and protected thanks to the scheme run by North Lincolnshire Council using money from the UK Shared Prosperity Fund (UKSPF).

The businesses invested in new machinery, IT equipment, software, marketing support to attract new clients and a raft of green technologies including solar panels, LED lights and new efficient heating systems.

Cllr Rob Waltham, leader of North Lincolnshire Council, said: “We are working hard to support local businesses to create and protect jobs – thanks to this injection of Government cash we have been able to help dozens of businesses grow.

“Alongside the grant money the businesses have heavily invested themselves.

“A key focus was helping local companies go green and save on their energy bills with new solar panels making up a good number of the grants. This is part of our Green Futures strategy, joining up with forward thinking companies, schools and other organisations to reduce bill and the area’s carbon footprint.”

The businesses backed included those working in manufacturing, engineering, retail, hospitality and professional services such as accountants.

The next round of  UKSPF business grants is due to reopen in the spring. For more information and to see what grants are currently available go to the Invest in North Lincolnshire website or email the business team on businessinfo@northlincs.gov.uk