Enterprise Zone vow to business

Ashroyd Business park
Ashroyd Business park
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Sheffield City Region Local Enterprise Partnership has pledged to make it as easy as possible for businesses to set up in the region’s multi-site Enterprise Zone.

The pledge came from LEP chairman James Newman after the Government announced it was setting up a £59 million fund for key infrastructure projects that will open up the Zones for development.

Mr Newman said: “We welcome news of the Government’s Enterprise Zone infrastructure fund which we hope to be able to use to accelerate private sector business growth and create sustainable high value jobs in the Sheffield City Region.

“We want to make it as straight-forward as possible for businesses to move onto our Zone and we hope that this fund will make it easier for us to do that.

“We have been listening to potential business investors and Enterprise Zone landowners, who are calling for more ready-made premises to be available.”

The fund can be used for projects such as connections to local road networks or reconfiguring site layouts, upgrading or installing utilities like electricity and water, and land remediation of contaminated sites.

However, the Sheffield City Region LEP has hopes that the new cash will also be available to fund the construction of high quality, modern manufacturing units, so growing companies can get set up on their Enterprise Zone sites more quickly.

The LEP says it already has experience of the sort of success this would generate, with 15 advanced manufacturing and technology companies moving to or expanding in one of its Enterprise Zone sites during the last year.