A £140,000 cash windfall from the government will help Brighton & Hove companies with their business development. The money will be provided under the Local Authority Business Growth Incentive (LAGBI).
When added to money allocated earlier this year Brighton businesses will have benefited from a total £1.4million.
The LABGI scheme aims to encourage growth by allowing councils to retain some business rates to spend on local priorities rather than passing funds onto government.
Some of the funding will support preparatory work for redeveloping the Brighton Centre. Money is also being spent on training young people to enter the construction, tourism and digital media industries, where local businesses have identified skill gaps.
Among other projects, there is also money for the Brighton & Hove Chamber of Commerce to support their local business events and to enhance new one-to-one advice sessions offered by Business Link.
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