Partner Article

£1.5 million fund launched in Southampton to create marine jobs

The £1.5million Solent Employer Ownership Programme was launched at the PSP Southampton Boat Show last week and will book the marine industry, creating more job.

The programme will allow marine and maritime businesses to bid for money to develop proposals, create jobs, improve skills and drive growth in the region.

Brian Johnson, chairman of the partnership’s new Solent Marine and Maritime Steering Group, officially opened the Solent LEP (Local Enterprise Partnership) fund.

The programme will allow SMEs to bid for upwards of £50k each and companies with 250 or more employees will be able to apply for £100k or more.

Mr Johnson told the Southern Daily Echo: “It is exciting to hear predictions that the Solent’s marine and maritime industries are to grow over the coming years, but that means marine employers need help now to ensure their workforces have the skills they need to capitalise on these opportunities.

“This latest fund will help them do just that and give ambitious employers the funds they need to bring growth plans to fruition.”

This was posted in Bdaily's Members' News section by Ellen Forster .