Cumbria LEP is set to unveil new business grants

Businesses in Cumbria are being encouraged to attend the annual summit of the Cumbria Local Enterprise Partnership to find out more about the efforts to grow the economy.

Taking place at the Castle Green Hotel in Kendal on Friday 30th of September, attendees will also hear details of a new grant programme being set up to support small and medium businesses to innovate and go greener.

The meeting is free to attend and will bring together the private sector with local government, the community. education and businesses to showcase the LEP’s priority areas, discuss challenges being faced and look ahead to the plans for 2023.

Plus, attendees can ask questions of the board and the LEP team directly.

They will launch the Innovating for Success grant programme and give details of how it’s designed to provide grant funding for businesses to deliver either innovative projects or introduce energy reduction measures to their businesses.

It’s part of the mission to encourage the region’s economy to bounce back as quickly as possible from the current economic challenges.

Jo Lappin, Chief Executive of Cumbria ELEP said:

“This year has been one of the most challenging times economically for decades, with inflation at a 40-year high and the cost-of-living squeeze affecting millions of families. It’s not only important that we recognise and support our businesses in Cumbria from SMEs to major employers,but also secure new investments and opportunities that we are uniquely placed to secure.

Our economy is not only experiencing these challenges that are also facing significant labour supply issues and our productivity has declined in recent years. Innovation can help address both issues by improving efficiency and profitability. It’s how businesses adapt to change and continue to grow, with new ideas and investment helping propel our economy forward. We’re looking forward to not only launching our new grant programme but also exploring both the challenges and opportunities upcoming in Cumbria.

Our Annual General Meeting is an important demonstration of the LEP’s commitment to openness, accountability, and transparency in everything that we do. So I really hope that people are available to come along and find out more”