This item was published during the term of a previous administration that ended in April 2007
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Grants helping keep companies in business
26/04/2005
Businesses across Scotland have accepted grant offers
worth over £18 million to help create or safeguard over
2,400 jobs.
Accepted Regional Selective Assistance (RSA) offers for
January - March 2005 are listed in the latest RSA quarterly
report.
Amongst the 44 businesses to accept grant offers
are:
- Computer Repair Centre (CRC) Ltd -
repairs and overhauls equipment ranging from mobile
phones to digital set top boxes at its European Repair
and Fulfilment Centre in Glenrothes. CRC has accepted
an RSA offer of £1 million for an expansion project
which will involve the creation of 271 new jobs.
- Intense Ltd - manufactures fibre optic
chips for broadband communications technology, allowing
multi-media information to be delivered at high speeds
to computers, TVs and internet appliances. Based in
High Blantyre, Intense has accepted an RSA offer of £1
million to create 82 new jobs.
- Dell Corporation Ltd - the computer
giant has accepted an RSA offer of £7.48 million to
expand its UK operation from Glasgow's City Park. An
initial 400 jobs will be created by 2006 - with up to
850 being on site by 2008.
- Multipools Ltd - manfactures moveable
floors for the leisure pool industry, to allow for
different depths of water. An RSA grant offer of
£100,000 will help the company create 15 new jobs in
Hillington.
Deputy Enterprise Minister Allan Wilson said:
"From repair of electronic equipment to the manufacture
of high speed fibre optic chips, RSA is helping to create
and sustain jobs in the assisted areas of Scotland.
"All the business survey evidence shows us that our
economy is growing. RSA is one of the ways in which we are
helping to sustain this growth, by providing businesses of
all sizes with the support they need to reach their full
potential.
"These latest offers are linked to project with planned
investment of over £46 million, aimed at the planned
creation and safeguarding of over 2,400 jobs.
"This is good news for Scotland's economy and I would
encourage other companies to consider what RSA can do for
them."
Regional Selective Assistance (RSA) is the main national
scheme of financial assistance to industry. It provides
discretionary grants for investment projects that will
create or safeguard jobs in Assisted Areas - areas
designated for regional aid under European Community
law.
Payments of RSA are made in instalments, typically over
several years, provided that job and project expenditure
targets are met.
The amounts quoted above and in the report represent the
maximum grant potentially payable if the project is
satisfactorily completed, and not the amount actually paid
to date.
All job numbers are based on firms' forecast figures at
the time a grant is offered, and are subject to change
depending on future economic conditions and other factors
affecting the business concerned.
Other grants awarded include:
AYRSHIRE
- Datec Technologies Ltd - Based in
Kilwinning, Datec carries out environmentally friendly
disposal of a wide range of electronic materials,
components and products. It has accepted an RSA offer
of £140,000 to create 25 new jobs.
- Howie of Dunlop - provides fencing
products and services, structural steelwork and
cladding. Based in Kilmarnock, the company has accepted
an RSA offer of £160,000 to create nine new jobs and
safeguard 18 others.
- Nichol McKay Ltd - manufactures
sub-contract metal components from its plant in
Prestwick. RSA grant assistance of £265,000 will enable
the company to create 35 new jobs.
FIFE
- Phoenix Precision Ltd - manufactures
and assembles sheet metal enclosures at it premises in
Glenrothes. An RSA grant offer of £115,000 will help
the firm create seven new jobs and safeguard a further
12.
- Velux Company Ltd - has accepted RSA
grant funding of £150,00 to create 30 new jobs at its
sales and technical support contact centre in
Glenrothes.
GLASGOW AREA
- Walker Precision Engineering - designs
and manufactures high precision tooling from its
premises in Cambuslang. An RSA grant offer of £260,000
will help the firm create 10 new jobs and safeguard a
further 15.
- DPM Water Technologies Ltd- manuacture
portable water treatment plants at its facility in
Shettleston. An RSA offer of £47,000 will help the
company create six new jobs.
- Scotplast Ltd - manufacture containers
for the food industry. The company has accepted an RSA
offer of £55,000 to create five new jobs at its
premises at Drumhead Road.
INVERCLYDE AND RENFREW
- Contact 4U Ltd - provides outsourced
contact centre services from its premises at Paisley.
RSA grant funding of £250,000 will help the company
create 100 new jobs and safeguard 28 others.
- Promedics Ltd - manufactures a range
of orthopaedic appliances including wheelchairs,
walking trolleys and shower chairs. The firm has
accepted an RSA grant offer of £600,000 to create 98
new jos in Port Glasgow.
A full list of the grants is included on the RSA
Scotland website.