Over £180,000 has been awarded to businesses in Melton, allowing them to flourish.
These grants formed part of the UK Shared Prosperity Fund (UKSPF) and Rural England Prosperity Fund (REPF) received as part of the UK Government initiative to enhance opportunities within communities.
Leader of the Council Cllr Pip Allnatt said: “The Council remains committed to supporting local endeavours and is eager to see the positive impacts these grants will bring.
“With a strong focus on collaboration and sustainability, the residents within the borough continue to pave the way for a vibrant and thriving community and these grants highlight a small number of these initiatives within the area.”
In this round, 29 business grant applications were successful, amounting to a total of £180,114. There were 55 applications submitted, and if all had been approved, the funding required would have reached over £324,000.
The business grants support pre-start, start-up and established businesses with growth aspirations and were awarded borough wide. Projects are supporting the retail, hospitality, manufacturing, and creative industries, amongst others.
A multitude of successful businesses have received funding from the council including £9,500 for a new construction company which is creating an online learning platform, providing training and support for small businesses in the construction industry.
In addition, a new town centre pub will receive £7,500 to buy kitchen equipment, creating several job opportunities and will potentially attract more visitors to the area. The scheme has also awarded £9,547 to enable a well-established company to build the first Tier 3 Data Centre in Melton Mowbray. This facility will enhance the local business environment and support technological growth in the community.
