Derbyshire Labour has fought and secured a provisional grant of £3m for the Derbyshire Economic Partnership (DEP).
The DEP which is supported by Derbyshire County Council will use the money provided by a Regional Growth Fund to invest in its new Global Derbyshire Small Business Support Programme.
The programme will offer grants to support up to 50% of the investment costs for medium and small Derbyshire businesses as part of Derbyshire Labour’s plan to boost employment in the county.
Cllr Joan Dixon, Cabinet Member for jobs, Economy and Transport said of the funding boost:
“This is great news for the county and the thousands of small business we want to support. The funding will mean we can invest in Derbyshire and create the jobs that we desperately need.
We are fighting for a Fair Deal for Derbyshire which means we aren’t going to sit around letting this Tory government ruin our county. They haven’t got a plan for jobs and to add insult to injury they are hitting us with the bedroom tax, rising living costs and benefit cuts.
Unlike the Tories we have got a plan for jobs and investing in small businesses is great news for Derbyshire.”