Local authorities in Yorkshire and the Humber will share £31,648,053. Councils in the Humber have been allocated £5,507,312, North Yorkshire £3,718,644, South Yorkshire £9,316,057 and West Yorkshire £13,106,040.
Councils are able to spend this additional funding from the Local Authority Business Growth Incentives scheme (LABGI) as they see fit according to local priorities. It follows a consultation on provisional allocations announced in April.
The good progress that councils have made in encouraging new business growth means we have been able to confirm payments for the third year of this special three year scheme.
