“Business council ‘worried’ European grant won’t be spent”

Thought our Local Enterprise Partnership had this all under control …..

“The people in charge of giving out European grants across the South West have not yet managed to find takers for around £330m worth of available funding.

In the past, European grant schemes have funded major improvements across the region.

It’s thought the prospect of Brexit is leading potential grant applicants to assume there’s no longer any point in coming forward.

There’s a risk that unless suitable grant applicants can be found soon, some of the money will be sent to other parts of Britain or even go back to Brussels.

Robin Daniels from the South West Business Council is worried a significant proportion of the money won’t be spent in the region…


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