Mon 25 January 2016, 11:05 am
Blackhorse Lane, in the London Borough of Waltham Forest, has been identified among 24 areas in the capital as an area that will receive grants from the £20 million London Regeneration Fund.
The funding initiative aims to tackle the shortage of affordable workspaces for small businesses in the capital, particularly those in the creative sector.
It was launched by the mayor through the London Enterprise Panel (LEP) following a successful bid to government in January 2015 as part of the LEP’s Growth Deal.
Mayor of London and chair of the LEP, Boris Johnson, said: “High streets and town centres the length and breadth of London are a hive of economic activity fuelled by creative minds. It’s important that we make sure they continue to meet the needs of a rapidly evolving city and the talented people who are key to its future success.
"It’s fantastic to see so many applicants to this fund, offering innovative ways to nurture and support the dynamism and creativity that will power our economy in the years ahead."
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