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East Herts Council appoints consultant for £1.2m business fund

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A project to deliver £1.2m in European Union aid to businesses in East Herts has taken a step forward.

The district council has appointed consultant Deyton Bell to provide support services to companies in the maintenance, repairs and operations sector for Stansted Airport, as well as the bioscience and social enterprise sectors.

Cllr Jan Goodeve, EHC's executive member for planning and growth, said: “This project will make a real difference to supporting existing small businesses in these potential growth sectors for East Herts.

Wallfields, Hertford. Members of EHC Executive. .Cllr Jan Goodeve. .Pic: Vikki Lince. (43849943)
Wallfields, Hertford. Members of EHC Executive. .Cllr Jan Goodeve. .Pic: Vikki Lince. (43849943)

"Given the pressures the business community are facing since Covid-19, we hope this investment will make a real difference to safeguarding and creating new jobs.”

Support will also be provided via small grants of up to £5,000 or a 12-hour package of support such as mentoring, workshops and networking opportunities.

The project is receiving up to £1.2m funding from the England European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme via the Ministry of Housing, Communities and Local Government.

Running costs of the council-run Launchpad, which offers flexible working space at The Causeway in Bishop’s Stortford and in Ware, will also be covered as part of the ERDF funding.

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