£30,000 to Boost Trade in Acomb
2:49pm 29th October 2013
Acomb Front Street is getting into the Christmas spirit with twenty five Christmas tree brackets for small trees above shop fronts being put into place as part of a wider package of investment by City of York Council.
The council is investing £30,000 from the Economic Infrastructure Fund (EIF) to support businesses in Acomb and to help act as a catalyst for community-led economic development in the area.
The investment, which was approved by City of York Council’s Cabinet on 1 October, will see £24,000 investment on Front Street to install electricity points, repair and replace flower tubs, remove damaged and unneeded street furniture as well as new signage and seating. The remaining £6,000 has been granted to kick-start an events programme to encourage footfall to the shopping area and to hep bring a flavour of the city centre to the important local shopping area.
Councillor Tracey Simpson-Laing, Deputy Leader of City of York Council and Chair of Acomb Business Team said: “This funding looks to support local businesses in Acomb, something which the council is very keen to do. We are working closely with local traders through the Acomb Business Team to develop plans to encourage more footfall and foster growth in the area. It is important that the council plays a supporting role to assist business wherever possible to attract customers, encourage investment and assist businesses to improve upon the great service that is provided to residents.”
Created in April 2012 to support the council’s priority of creating jobs and growing the economy, the EIF has been used to unlock a number of major projects across the city, and progressed projects which otherwise would not have been possible.
The £28m fund has provided the council with a dedicated tool with which to contribute directly toward the city’s economic ambitions as set out in the York Economic Strategy 2011-15. The YES sets out ambitious targets for the city of becoming a top 5 UK and top 10 mid-sized European city economy by 2015.
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