SCARBOROUGH Business Park has been selected as the region’s choice for an Enterprise Zone bid.
Scarborough was unanimously chosen ahead of three other sites, York Central, Heslington East and Selby Bypass, and will now be assessed against proposals submitted by other Local Enterprise Partnerships nationally for one of the remaining 10 enterprise zones yet to be designated.
Enterprise Zones are a new initiative from the government designed to encourage private sector growth.
Scarborough Council leader Cllr Tom Fox said: “We are delighted that Scarborough has been chosen.
“The decision has obviously shown that the business park has genuine growth potential to create many new businesses and jobs, which would boost the economy over a wide area. A successful outcome would have huge benefits, with positive effects being seen throughout the region.”
Local Enterprise Partnership chairman Barry Dodd said: “It was agreed unanimously that the Scarborough proposal hit the most buttons and gives us the best chance of success.”
The council believes the award of Enterprise Zone status, which brings increased business rate relief and a relaxed planning regime, should accelerate investment in the business park, creating and safeguarding thousands of local jobs and delivering a major boost to the economy.