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Business support from the Economic Development Team
Our Economic Development Team’s aftercare service maintains and develops relationships with key companies and employers, actively encouraging business growth and investment in the local area. Aftercare includes information, advice and guidance to businesses, as well as introductions to other sources of support or information.
The team supports business growth and circulates up to date, relevant information using emails tailored to specific audiences, as well as facilitating networking between local manufacturing businesses.
Strong relationships are maintained with external partner organisations to help business development, such as the Institute for Manufacturing and Cambridge University, and internal departments for example Planning Control and Environmental Health.
Events such as the Mayor’s Business Awards give the Council an opportunity to celebrate business achievements in West Norfolk.
Support and advice when applying for grants
Our Economic Development team is committed to helping local businesses access extra funds. To date, they have raised over £100m in grant funding for enterprise and regeneration projects.
Current examples include securing £3m from New Anglia Local Enterprise Partnership towards the King’s Lynn Innovation Centre and £2.25m from the Heritage Lottery Fund towards two key King’s Lynn town centre regeneration schemes.
The team also supported the College of West Anglia in their successful £6.5m bid for the new University campus in King’s Lynn, and the National Construction College in their £4.5m successful bid for the creation of the Institute of Advanced Construction at Newton Bircham, near King’s Lynn.
The team can offer practical support for businesses to access grants from a wider range of sources.
Current funding streams
EU Growth Programme (GCGP LEP) – £65m budget for 2015-2020
EU Growth Programme (NALEP) – £80m budget for 2015-2020
European Territorial Cooperation Programmes (five funds) – over £1bn budget for 2015-2020
Growing Places Fund
Growing Business Fund
Eastern Region Agri-tech initiative
What these grants fund
Technological development and innovation – increasing the delivery and uptake of innovative products, processes, systems and services, product development, testing and piloting