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£6.6m energy investment could benefit limited company contractors in Cumbria

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Limited company contractors with businesses in Cumbria will be interested to hear that they could benefit from a £6.6 million Energy Coast project, which will also create hundreds of new job opportunities.

The ‘investing in Britain’ scheme, which has been launched by public private partnership, Britain’s Energy Coast and partly funded by the Nuclear Decommissioning Authority, could potentially create more than 1,000 new job opportunities, some of which will be made available for contractors with their own businesses.

The aim of the £6.6m investment is to boost firms in the manufacturing, processing and engineering sectors, particularly those specialising in the nuclear and renewable energy supply chain.

Britain’s Energy Coast has said that “to lead the transition of West Cumbia into economy that will flourish in a low carbon future”, with firms being told to apply before September next year.

David Jones of Energy Coast said “This area is facing unprecedented levels of investment in the energy sector so it is important we are able to help our businesses and newcomers to capitalise on the opportunities this will create.

“It is believed that a number of limited company contractors will be amongst the 1,000 people to benefit from new employment opportunities.”

John Clarke, Chief Executive of the Nuclear Decommissioning Authority and a member of the BEC Board, said, “This scheme will play an important role in both protecting and growing the West Cumbrian economy as it provides direct support to further develop local Small and Medium Enterprises.”

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