Argyll and Bute Council has welcomed a UK Government announcement today of £5 million for the development of a Clyde Engineering and Innovation Centre.
The Centre (CEIC) is intended to deliver modern commercial accommodation and collaborative space for defence supply chain businesses, enabling innovation, job creation, and local economic growth.
Councillor Jim Lynch, Leader of Argyll and Bute Council, said:
“This is a significant investment in Argyll and Bute, and in Helensburgh and Lomond in particular. Argyll and Bute has great potential for economic growth but needs funding to transform that potential into real benefits for local people, local communities and the wider national economy. We welcome today’s announcement, as funding for the future of Argyll and Bute.”
The project is part of the Argyll and Bute Rural Growth Deal which is based on seven investment themes:
- Tourism – Creating a World Class Visitor Destination
- Creating a Low Carbon Economy
- Rural Skills Accelerator Programme
- Housing to Attract Economic Growth
- Clyde Engineering and Innovation Cluster
- West Coast UAV Logistics and Training Hub
- Marine Aquaculture Programme
For more information about the Argyll and Bute Rural Growth Deal, please see www.argyll-bute.gov.uk/my-council/plans-and-policy/rural-growth-deal
Pictured are Councillor Jim Lynch, and Jonathan Welch, Rural Growth Deal Programme Manager.