A new initiative aimed at attracting businesses to Northamptonshire will be launched on 4th June 2013.
Called LOCATE, the scheme is aimed at existing small and medium sized enterprises currently operating outside of the county - UK and overseas - that are looking to relocate or expand their business by moving to Northamptonshire.
Businesses can apply for grant funding of up to £20,000 to help with relocation costs as well as a comprehensive package of services and support to help them during their first year including property search, recruitment, information on the local area and an introduction to Northamptonshire business networks.
Northamptonshire County Council is investing £100,000 in 2013/14 to kick-start the new scheme which is being delivered jointly with NEP.
Northamptonshire County Council cabinet member for strategic infrastructure, economic growth and public protection, Councillor Andre Gonzalez de Savage, said: “LOCATE is the latest in of a wide programme of activities already underway in the county, all of which are designed to stimulate the Northamptonshire economy, create jobs and increase investment.”
The new scheme will focus on supporting businesses in high-growth and high performance technology-led sectors which have been identified as key growth areas.
David Burrows, Inward Investment Manager at NEP, said: “LOCATE sends a clear message to potential investors - Northamptonshire is open for business. The scheme will give Northamptonshire a clear competitive advantage in securing investment from both the UK and overseas.
“NEP is committed to supporting and developing the Northamptonshire economy and in the last two years has attracted almost £14 million of private
and public sector investment into the county.
“The launch of the fund has been timed to coincide with the launch of Love Northamptonshire (www.love-northamptonshire.co.uk) a new campaign developed in collaboration with local private sector businesses, which showcases Northamptonshire’s central location, thriving business community and innovative approach to supporting businesses.”
For more information about LOCATE, click here
For more information about Love Northamptonshire, click here
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