THE council is ready to invest another £50,000 in helping new and existing businesses involved in creative and digital work.
During the past two years, the Creative Calderdale scheme has helped 55 companies to start up and has helped 195 others to expand, leading to the creation of 45 jobs.
Calderdale Council’s cabinet has been recommended to allocate more money when it meets on Monday.
Creative Calderdale is an organisation based at the Elsie Whitley Innovation Centre in Halifax. It was established as a two-year pilot in 2009 with a £120,000 council grant.
During that time, it has worked directly with 1,200 businesses in Calderdale, Leeds, Manchester and Sheffield to promote Calderdale and encourage potential investors.
The extra £50,000 from the council would contribute towards the £75,000 cost of running Creative Calderdale for the next 12 months.
Calderdale Council’s economy and environment spokesman Barry Collins said it was expected the continued funding would lead to further growth in the creative and digital sector.
“By making this additional money available, we are ensuring that Creative Calderdale continues to help industries which are at the cutting edge.
“If Calderdale is to be competitive, then we need to support fledgling high-tech businesses,” said Coun Collins (Lab, Illingworth and Mixenden).
The additional money from the council is expected to help 40 new businesses start up in 2012, to assist 120 others and help create 25 new jobs.