Angus Council is to launch a new scheme to encourage business start up and employment in the county.
The infrastructure services committee have agreed a cash pot of £42,500 to launch an Angus Employment Grants scheme in 2012/13.
Vice-convener David Fairweather welcomed the decision by the council to help local businesses during tough economic conditions. He said: “The council recognises that small and medium sized businesses form a vital part of the Angus economy.”
“This investment in the local economy reflects the council’s commitment to finding innovative solutions to ensuring our communities remain prosperous and fair during these difficult financial times.”
The new scheme is designed to address three key issues business creation, employment, and youth employment, with various levels of funding available.
The committee heard it aims to contribute to the creation of 40 new start up businesses, support 20 existing sole trader businesses become employers for the first time, to improve the local employment opportunities for a total of 80 people and assist 10 individuals from the 18-24 age group to access mainstream employment.
The committee also heard about the successful work being carried out by the authority’s specialist employment team.
The Towards Employment Team works to assist and support Angus people into volunteering, training, education and employment.
The committee heard that the team is well on course to meet its targets for this year.
From April to September, the team assisted 84 clients into employment, and six into self employment.
A further 40 clients entered a voluntary activity, and 53 entered training, further or higher education.