The UK government have moved to invest £100 million into the countries enterprise zones, in a bid to encourage private investment through infrastructure development and available financial support.

The 24 current enterprise zones are allowed to submit competitive bids for the available funding, with a deadline of the 18th of November, alongside local enterprise partnerships.

The £100 million investment in enterprise zones will help to back business creation in local economies according to Eric Pickles, with the government communities secretary saying that the zones were: “at the centre of our plans to back business, help local economies grow stronger and give the UK that competitive edge.”

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