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The Government has announced 11 new Enterprise Zones, which are designed to boost local growth and create over 30,000 new jobs by 2015.
The new Enterprise Zones were announced by the Prime Minister, David Cameron, the Chancellor of the Exchequer, George Osborne, and the Communities Secretary, Eric Pickles, as part of the Plan for Growth, to create the conditions for strong, sustainable and balanced growth
At Budget the Government announced 11 Enterprise Zones in some of the country’s largest cities, including Manchester, Birmingham, Merseyside and Newcastle, as well as inviting applications for 10 more in other areas.
The strength of the applications from Local Enterprise Partnerships meant the Government agreed to increase this invitation to 11.
The location of Zones in the Black Country, Tees Valley and the North East have also been agreed, which brings the total to 22 Enterprise Zones across the country.
The Zones will attract hundreds of new start up firms, with simplified planning rules, super-fast broadband and over £150m tax breaks for new businesses over the next four years.
The second wave of Enterprise Zone will be located in Humber Estuary Renewable Energy Super Cluster, Daresbury Science Campus in Warrington, Newquay AeroHub in Cornwall, The Solent Enterprise Zone at Daedalus Airfield in Gosport and MIRA Technology Park in Hinckley Leicestershire.
Also, Rotherwas Enterprise Zone in Hereford, Discovery Park in Sandwich, Kent and Enterprise West Essex in Harlow, Science Vale UK in Oxfordshire, Northampton Waterside, Alconbury Airfield, near Huntingdon in Cambridgeshire and Great Yarmouth in Norfolk, and Lowestoft in Suffolk.
Cameron, said: "We are determined to do everything we can to make Britain the best place in the world to start and grow a business."
"These new Enterprise Zones will be trailblazers for growth, jobs and prosperity throughout the country."
Further information:
HM Treasury
Communities and Local Government
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