Coast to Capital has recieved funding of £3 million for two bids from the Regional Growth Fund, This will help to boost and support businesses in the Coastal West Sussex area by helping to create jobs and safeguard exisiting employment . Businesses will be supported by a range of organisations inluding the 3 Universities of Brighton, Chichester and Sussex.
John Peel, Chairman of Coast to Capital, was keen to acknowledge the collaboration which has taken place behind the scenes saying, “It’s testament to the power of collaboration; it was a real team effort and that is a large part of what Coast to Capital is about bringing people and organisations together to generate growth”.
Whilst much of the detail has yet to be worked out, the programme will provide grant finance directly to high growth, innovative businesses – those that have developed new ideas, products, services and intellectual property to the point where they are ready to exploit market opportunities and create jobs. For further information click here.