Agency submits £3.5m bid for Warrington SMEs

THE urban regeneration agency responsible for the Warrington area has submitted a £3.5m bid for regional growth funding to support small businesses.

The agency said that if the bid is successful, the money will fund a three-year programme aimed at smaller firms in the science and engineering sector. If successful, the fund will provide up to 20% of the cost of a new capital project or 80% of the cost of training new employees. Any funding granted will be conditional on projects creating new jobs.

A decision on whether funding will be allocated will be announced in the autumn.

Peter Crompton, chairman of Warrington & Co, said: “The science and engineering industry sectors are a significant part of Warrington’s business base.

“Warrington & Co is keen to ensure the companies operating in these sectors are given as much help as possible to innovate, upskill and grow.”