This month our founding directors – Villy Pereboom and Justin Wanstall – were invited to take part in a Q&A session at an event hosted by Kent County Council to celebrate a milestone for its £35m Expansion East Kent scheme, which has to date handed out nearly £20m to more than 50 businesses in the area.
The KCC scheme is part of the government’s Regional Growth Fund and offers zero per cent loans to both new and established businesses looking grow and ultimately create more jobs in the region. The scheme aims to create 5,000 jobs in the coming years with 2,000 having already opened up. And there is still £15 million pounds of Regional Growth Fund money available to East Kent companies.
Almost 12 months ago we announced our successful application for funding as part of this scheme and we were delighted to be invited to take part in a Q&A session for Kent’s creative industry.
Also in attendance, Greg Clark MP (Minister of State) and Paul Carter CBE (Leader of Kent County Council). In a speech, Greg Clark paid tribute to the “entrepreneurialism” of the businesses who have received money from the government’s £3.2bn Regional Growth Fund.
Leader of KCC Paul Carter said “It is outstanding that more than 50 businesses have made successful applications for funding, and demonstrates the range and diversity of companies that are driving East Kent’s economic resurgence. Most important of all, it gets money out of government coffers and into the control of the people who can make a difference on the ground – employers and entrepreneurs. We have long benefited from a vibrant business scene in East Kent, and this funding boost has played a major role in encouraging the growth of existing companies and the establishment of new start-ups.”
Read more about Expansion East Kent in the official brochure (PDF)