Thanet District Council will share part of a Regional Growth Fund grant from Central Government to help support small and medium sized creative businesses in the district.
The money, which has been secured following a joint application from Thanet, Hastings and Tendring councils, is part of the government’s Regional Growth Fund (RGF) which is set up to help attract significant private sector investment and to create jobs.
The joint bid was for the SUCCESS Programme (South East Urban Coastal Creative Enterprise Support Scheme) and aims to achieve a step-change and encourage growth in the creative and cultural industries in key areas along the South East Local Enterprise Partnership coastline.
The SUCCESS programme will provide financial support for small and medium creative businesses across Thanet. It will be targeted at creative businesses looking to locate or expand in Thanet, aiming to encourage the growth of this sector and enabling jobs to be created.
The detail of the funding programme, including the criteria for businesses looking to apply is now to be discussed with the Department for Business, Innovation and Skills (BIS).
Once agreed, the council will publicise the details widely to ensure as many businesses as possible have a chance to bid for a share of the funding.
Leader of Thanet District Council, Cllr. Clive Hart, said: “This is fantastic news for Thanet. The application will have gone through a very competitive process so to be awarded this funding is really positive for creative businesses in the area.
“The council’s Corporate Plan clearly sets our ambition to create new jobs in the district and our emerging Economic Growth and Regeneration Strategy highlights culture as a key part of this.
“Securing this funding also continues to build on our desire to grow the local economy and support the creative sector which is starting to thrive locally.
“We will publicise the details of how to apply widely once agreed and look forward to seeing businesses in Thanet successfully accessing this funding.”
Details about the SUCCESS Programme will be published shortly, in the meantime if you would like to register an interest to receive information once the programme has launched please e-mail louise.askew@thanet.gov.uk and you will be added to our database.
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