Home Economy Council to collect £2.7 million to create enterprise hub and boost Fife...
Government cash injection will also help construct industrial units in areas most affected by Longannet closure
Fife Council has welcomed the Scottish Government’s announcement that £2.7 million extra funding has been allocated to help support economic growth in the region.
It says the boost will help to create or support 40-70 jobs in Kincardine and south west Fife and develop an enterprise hub to be managed in partnership with Coalfields Regeneration Trust, as well as fund the construction of eight new industrial workshops in the upper Forth area where the closure of Longannet has impacted significantly.
Council leader cllr. David Ross said: “I am delighted that the Scottish Government has now responded to the calls from Fife Council and local authority partners for additional resources to support economic growth in our local communities.
“It is particularly helpful that the Government have recognised some of the priority local economic development projects identified through the Longannet Task Force Economic Recovery Action Plan and made a specific allocation to support two projects in Kincardine.”
The Scottish Government Economic Stimulus Package is to support 16 projects across Scotland, including a £10 million local economic development capital investment support fund from which two projects within Fife are to be funded.
The first project, an enterprise hub, will be a multi-use building developed and managed through partnership between Fife Council and Coalfields Regeneration Trust. It will provide a range of business support services, including Business Gateway Fife services, and provide a focus for community enterprise development.
The second project will see the construction of eight industrial workshops including utility connections, access and landscaping. These will provide premises suitable for small business and industrial occupiers in the upper Forth area, which has been significantly affected by the closure of Longannet.
Cllr Lesley Laird, Depute Leader and Executive Spokesperson for Economy and Planning, said: “Council officers have been working with Scottish Government officials since this funding announcement. The allocation of new resources for local economic development projects will create or support 40 – 70 new jobs within Kincardine and south west Fife. It will enable the creation of an enterprise and business hub and the construction of industrial workshops.
“This is a positive start in beginning to deliver on the actions set out in the Longannet Action Task Force plan. However, there is more work still to be done, and additional funding will still need to be identified in order to satisfactorily deliver on the action plan and the commitments to the communities in south west Fife and beyond.”