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Plans to spend £6.5million on business fund in Sussex (From The Argus)
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Plans to spend £6.5million on business fund in Sussex
9:30am Wednesday 30th January 2013 in News
West Sussex County Council has announced plans to spend more than £6million on a business infrastructure fund for improved internet connection and support for new ventures.
The newly-created fund includes £1.75million for broadband connections, £1million for business start-ups and £500,000 to install wi-fi connections in council buildings, including libraries and children and family centres.
A further £1.25million will be spent on improvement works to council buildings and £750,000 will go on flood prevention.
The authority decided that it could invest the £6.5million into these projects because officials believed the council was in a position to meet its outgoings between now and the end of the financial year.
West Sussex County Council cabinet member for finance and resources Michael Brown said: “The fund is to be used for internal infrastructure and to pump up local economic developments.”
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