Businesses and residents in the Mansfield district are set to benefit from a £658,776 package of measures aimed at creating jobs, helping business growth and enhancing Mansfield market.
Coun Kate Allsop, Portfolio Holder for Economic Regeneration at Mansfield District Council, took the decision on Friday to allocate money from the council’s Economic Stimulus Fund (ESF) and apprenticeship reserve.
Up to £100,000 of investment will go towards Mansfield town centre market, grants of up to £4,000 will go towards independent retailers taking on certain vacant properties in Mansfield, Warsop and Mansfield Woodhouse town centres, plus shop front improvement grants of up to £5,000 for existing traders.
Business-growth grants of up to £5,000 will be earmarked for businesses to support product or staff development plus free business and management training.
Start-up grants of £1,000 will be available to support new businesses, while £235,776 of the apprenticeship reserve has been allocated to extending the council’s existing ‘Pathways to Work’ programme from summer 2015 to 2017/18.
The programme provides graduate and undergraduate placements, an enterprise and employability skills programme in schools, jobs, careers and advice fairs, and apprenticeship grants for employers.
It would also include a one-year pilot of post-16 career internships for pupils at four schools in Mansfield who choose not to go to university.
Coun Kate Allsop, Portfolio Holder for Economic Regeneration, said: “This package of support will help us to achieve our vision for a vibrant District that attracts investment and encourages job creation and growth.
“I’m delighted that so many people including residents, business owners, market traders, town centre retailers, school and university students, and visitors can benefit from the help and support provided by these schemes.”