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Latest news from the Marches Local Enterprise Partnership
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£4m available in LEP fund to support development projects 

Private developers, housing companies and companies that have expansion plans are being encouraged to take advantage of £4m of funding that will help bring forward development projects across the Marches to create much needed homes and jobs.

The funds, announced by The Marches Local Enterprise Partnership (LEP), are part of its Marches Investment Fund which was initially launched in July of this year and is open for applications until February 19 2016.

The Marches Investment Fund Manager, Caroline Cattle, said: “We believe this funding is a very attractive offer and I’d welcome the opportunity to discuss the application process with any organisation that has a development project planned, or on hold, as this could really help fast track those plans.

Funding can be provided in the form of a loan, equity or joint venture and will be subject to interest charges and an arrangement fee, both of which are highly competitive vis-à-vis the open market rate.

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Questions, questions... 

Our Quick Q&A feature has been launched to give an insight into the roles, responsibilities and opinions of Marches LEP Board members. Next up to take some questions is Chair of The Shropshire Business Board, Mandy Thorn MBE. 

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Debra Holiday of Church Street Day Nursery, Wellington, Telford, which has received a grant from the Marches LEP

Launch of The Marches Growth Hub, Herefordshire 
 

A new initiative to support Herefordshire businesses and drive up growth in the region has been welcomed following its official launch.

More than 80 representatives from the business community attended a free drop-in Business Support Showcase held to mark the launch of the Marches Growth Hub, Herefordshire on November 17.

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Debra Holiday of Church Street Day Nursery, Wellington, Telford, which has received a grant from the Marches LEP

Woodstock Trading Company move operations to

Hereford Enterprise Zone

 

A business that supplies distinctive bathroom furniture has become one of the latest firms to sign up to a move onto the Hereford Enterprise Zone.

The Woodstock Trading Company will move operations from Gloucester to set up its business base on a three-acre site on Skylon Park, Rotherwas, from January.

With an existing workforce of 45, the company aims to create an additional 20 jobs during its first three years in Hereford.

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Supply chain funding call

Launch of The Midlands Engine  

Secretary of State for Business, Innovation and Skills, Sajid Javid, has launched the Midlands Engine Prospectus at a summit attended by senior politicians and business leaders from the East and West Midlands, including The Marches LEP.

The Midlands Engine sets out the aims for the whole of the Midlands to work more collaboratively to accelerate economic growth and productivity improvement across the region. It will also develop into a global brand that allows the Midlands to promote itself in its entirety to the world.
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Guest blog opportunity

The Marches Growth Hub website now features a guest business blog. If you would like to contribute please send your blog to: media@marchesgrowthhub.co.uk

Blogs should be no more than 400 words, accompanied with a photo and short biography of the author. The guest blog is a chance to share knowledge and expertise among the Marches business community and therefore commercial-style blogs will not be considered for publication.

Thanks for reading! We hope you've found this update from the Marches Local Enterprise Partnership useful. We intend to send regular (but not overwhelming!) bulletins by email to anyone who is interested in what the LEP is working on and achieving. Without the support of both business and the wider community, the work of the Marches LEP would not be possible. If you don't want our updates, please feel free to unsubscribe at any time using the links at the bottom of every message. If you do that though, we'd would always be grateful for your feedback on why you no longer wanted to hear from us, as it helps to tailor our communications. 
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