Status fight to boost growth

Blackpool North and Cleveleys MP Paul Maynard

Blackpool North and Cleveleys MP Paul Maynard

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Money for developing businesses in three Wyre towns could be secured to boost growth.

Paul Maynard, MP for Blackpool North and Cleveleys, has met with senior business minister Michael Fallon in the hope of securing Assisted Area status for the Hillhouse Corridor, which runs from Thornton to Fleetwood.

This means new investment and developments could be eligible for a grant which is typically a percentage of any investment made.

Mr Maynard, who hopes to see the former ICI industrial Estate, which is now owned by NPL Estates, granted the specific status, said: “If Hillhouse is given assisted area status it will be a big boost to the area by supporting new and existing companies in expanding.

“We often forget that Hillhouse is home to some very innovative and high tech companies that produce world class products.

“Supporting them to develop is indeed good news and will ensure high skilled and sustainable jobs are created in this area.”

The scheme, funded in part by the European Union is designed to boost growth in areas of deprivation where the conditions for development are right.

Coun Gordon McCann, Wyre Council’s economy portfolio holder, said: “There’s absolutely massive potential for development.

“We don’t know if this is going to happen yet but I’m fully supportive of any initiative that helps develop Wyre.

“If the money is available there’s a chance of match funding which would magnify the affects of it.

“It depends on the amount going in there but we are trying all the time to raise our profile and help businesses and any support for that is welcomed.”

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