Sunday, May 19, 2024

Firms share in Towns Fund payouts totalling £37,000

Two Keighley and Shipley area firms have benefitted from Towns Fund Business Growth Programme funding, sharing almost £37,000

Print and direct mail business Fretwell Print and Design, of Goulbourne Street, received £19,989 towards replacing their printer with a new model, which has created two new jobs.

Aluminium glazed façade manufacturer and installer Airevalley Architectural (Aluminium) Ltd, of Parkwood Street, was able to create three new jobs after receiving £16,775 of funding towards machine software and installation, as well as upgrading the factory’s facilities.

Councillor Alex Ross-Shaw, Bradford Council’s Portfolio Holder for Regeneration, Planning and Transport, said: “Grants ranging from £1,500 to £315,000 are still available for businesses within – or looking to move to – the Keighley and Shipley Towns Fund Areas, and other businesses are invited to apply.

“The funding is available for start-ups, small, medium-sized and large businesses and can be used to either expand, increase productivity, create a new business, safeguard existing jobs and create new ones.”

Ian Hayfield, chairman of Keighley Towns Fund, said: “We are delighted to have made such a significant difference to these local businesses in a relatively short space of time. The funding will have an impact for years to come and the successful growth of our business community will help drive social and economic change for the whole area.”

The Business Growth Programme Capital Grant is a £4m fund to directly support businesses within these areas with approximately £2m each allocated to the Keighley and Shipley Towns Fund areas.

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