01.05.09

Additional European Money to Help Safeguard and Create Jobs in Scotland

 

A cash injection of almost £95 million in European funding is being directed towards helping Scotland’s economy recover. The money will be used for programmes to develop the workforce, safeguard and create jobs, and regenerate communities.

A total of 129 projects across Scotland will benefit from £70.2 million in new allocations from the European Regional Development Fund (ERDF) and £24.7 million in allocations from European Social Fund (ESF).

The 50 new ERDF projects, focusing on business growth, urban regeneration and rural development, will support the creation of almost 8,000 jobs.

The 79 new ESF projects are expected to support 75,000 people gain or sustain employment opportunities through training and skills development.

Full details of the 129 projects will be announced next week. 

 

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