The Marches Local Enterprise Partnership is investing more than £27 million in a programme of high-profile schemes which will create more than 1,700 jobs and boost growth across the region.
Work is to begin on a £7.3m redevelopment of Hereford’s Shell Store in January, transforming the historic building into a flagship business incubation and innovation centre.
A new European Social Fund bidding round is due to be announced which will make around £15m ESF funding available to invest in employment and skills and social inclusion in the Marches LEP area.
Work is due to start on a new Centre for Cyber Security on Skylon Park in November 2018 following a joint venture agreed between the University of Wolverhampton and Herefordshire Council.
Plans have now been submitted for a new business innovation park in Newport which is set to be the international centre for the innovation of advanced agri-technologies.
Figures released show that over 840 jobs were either created or safeguarded across the Marches region during 2017-2018 as a result of investment from foreign businesses. The report, published by the Department for International Trade last week, highlights that out of 15 investments across the Herefordshire, Shropshire and Telford & Wrekin region in the past […]
The scale of business investment being made in Telford has led to the town being described by the UK Department for International Trade as the ‘beating heart’ of inward investment.
The needs of business are at the heart of the regional growth agenda, where the Marches Local Enterprise Partnership is striving to develop an economy which boosts skills and nurtures innovation.
Work to improve Meole Brace roundabout in Shrewsbury has been shortlisted for two regional highways awards.
Key investment sites planned for development to create homes and jobs across the Marches are to be showcased next month at the biggest global property and real estate show in Europe.