New Rural Growth Network expected to create more than 1,300 jobs.
Honiton MP Neil Parish has welcomed the announcement of a rural growth network pilot to be established in the Heart of the South West Local Enterprise Partnership (LEP), which covers Devon and Somerset.
The Heart of the South West LEP submitted a proposal in response to an invitation from Defra to all LEPs and local authorities to bid to become one of six pilot areas for the Rural Growth Networks.
The Rural Growth Networks is an initiative supported by around �15million of new government funding.
Each network will consist of a number of smaller “enterprise hubs” on disused business parks or brownfield sites.
These hubs will be networked to allow easy transfer of knowledge, access to mentoring, services and skills.
Devon and Somerset County Councils estimate that the Rural Growth Network will create over 1,300 new jobs and increase economic growth by nearly �60 million.
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