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Bradford City Centre Growth Zone to be launched
8:00am Thursday 1st November 2012 in News
Leading businesses from the district were expected to attend the launch of Bradford's City Centre Growth Zone today.
Bradford is benefiting from a £34.8 million investment in which £17.2 million is coming from Bradford Council and £17.6 million from the Government through the Regional Growth Fund.
The main aim of creating a growth zone is to stimulate investment and private sector growth in the city centre through a range of incentives for new or existing businesses. These include a rate rebate for eligible businesses who create new employment opportunities within the city centre and access to superfast broadband.
Resources are also being ploughed into creating a skills programme to enable local people to take up those jobs.
Barra Mac Ruairi, Bradford Council's strategic director for regeneration, said: "The growth zone will provide a focus for investment and is a driver for growth in the district. It provides a distinct offer to businesses wanting to locate or expand in Bradford city centre.”