A Vibrant and Sustainable High Streets Fund, Carbon Negative Challenge Fund, Business Innovation Fund and Skills Innovation Fund all aim to enable growth across the region and test new ideas.
Outline plans for the funds were approved in principle by a meeting of the North Yorkshire Combined Authority on Monday.
Ahead of an expected launch later this year, the funds are being shaped by input from businesses, organisations and individuals around the region. This includes sector-specific engagement days led by the Mayor.
RECOMMENDED READING:
- Mayor David Skaith at Sand Hutton reveals economic drivers
- Mayor David Skaith to create Business Board for region
- Mayor David Skaith announces initiative at York BID AGM
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