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Final 12 months the economic system, funding and expertise service at Shropshire Council spearheaded a variety of actions which have made an actual and lasting affect on the county’s financial prosperity.
As the primary part of the UK Shared Prosperity Funding ends in March 2025, £15m of funding was allotted throughout 60 initiatives within the county. These initiatives have delivered optimistic change throughout Shropshire.
Thirty neighborhood initiatives and 17 enterprise initiatives had been supported and, with expertise being a excessive precedence, 5 initiatives helped over 50 economically inactive residents into employment and supplied 430 people with fundamental and digital life expertise.
Furthermore, 50 people earned {qualifications} to spice up their profession prospects.
The Shropshire Growth Hub assisted 1,420 companies, helped 195 start-ups and ran 123 occasions attracting over 2,500 delegates.
The Put money into Shropshire staff works with bigger firms and people trying to transfer to the county. Alongside selling Shropshire as a terrific place to stay and work, the staff helped companies to entry practically £5.8m price of grant funds with an extra £1.7m within the pipeline for 2025. In addition they delivered one other extremely profitable Enterprise Leaders’ Breakfast attended by 150 delegates.
The Marches Careers Hub is liable for advising and familiarising faculties with the long run expertise wants of employers and introducing college students to the world of labor. Amongst its many different achievements final 12 months, it enabled 431 academics to fulfill with employers to study profession paths and business practices and supplied 70 office alternatives for younger individuals with particular academic wants and disabilities throughout 3 counties.
Matt Potts, Shropshire Council’s service supervisor for the economic system, funding and expertise service
Matt Potts, Shropshire Council’s service supervisor for the economic system, funding and expertise service, stated:
“As a staff we’re dedicated to creating Shropshire a terrific and sustainable place to stay, work and make investments. It’s gratifying on the finish of the 12 months whenever you take a look at the outcomes of all our efforts and see that we’ve made a optimistic affect.
“Our thanks should additionally go to our companions and the quite a few organisations and companies who’ve labored with us to perform a lot this 12 months. We look ahead to persevering with this good work in 2025.”
Mark Jones, Shropshire Council’s Cupboard member for progress and regeneration, stated:
“It’s a tribute to the economic system, funding and expertise service that a lot was achieved amidst tough circumstances and quite a lot of change on the council in 2024.
“Regardless of this we proceed to ship on our guarantees in The Shropshire Plan to offer a wholesome economic system for the companies and residents of Shropshire.”
Additional data
The UK Shared Prosperity Fund supplied £2.6 billion of funding for native funding by March 2025. From this fund, £15m was acquired for initiatives throughout Shropshire.
The fund goals to enhance delight in place and improve life probabilities throughout the UK investing in communities and place, supporting native enterprise, and folks and expertise.
For extra details about the numerous initiatives being funded by UKSPF in Shropshire, go to: https://www.investinshropshire.co.uk/uk-shared-prosperity-projects/
For additional data on the Shropshire Progress Hub go to: https://www.investinshropshire.co.uk/relocating-and-investing/business-support/
For Put money into Shropshire see: https://www.investinshropshire.co.uk/
For additional data on the Marches Careers Hub go to: https://www.marchescareershub.co.uk/ and https://www.investinshropshire.co.uk/why-shropshire/careers-advisor-network/
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