Grant Scheme Creates and Safeguards Jobs

Strathaven based MSP, Linda Fabiani, has welcomed a business cash boost that could create 23 new jobs and safeguard another 62, at a factory in East Kilbride.

Controlled Therapeutics (Scotland) Ltd, a research, development and manufacturer of pharmaceutical products, based at Peel Park, have been offered a grant which could total £930,000, enabling them to create the new posts and bringing security to the current workforce.

Across the country more than 1,300 jobs are either being created or safeguarded after 18 businesses accepted Regional Selective Assistance (RSA) grants worth over £16 million.

This Scottish Government grant scheme is available to industry for investment projects that create and safeguard employment in areas that have been given Assisted Area status, a designation under European Community law that allows applications for regional aid to help grow the economies and infrastructures of the qualifying regions.

Ms Fabiani said:

“I am delighted with this news. At a time of uncertainty in the global market place, and worries over rising unemployment, it is good to hear of a local manufacturing company with the potential to create employment opportunities and some job security to its current staff.

“This money when it comes on-line will help to support employment in the town and other companies should look at the qualification criteria for accessing Regional Selective Assistance (RSA) grants because it may assist their future business; information on RSA can be found on the Scottish Business Grants website at: http://www.scottishbusinessgrants.gov.uk/rsa/208.html.”