£225,000 business boost in Anstruther

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AN historic building in the heart of Anstruther’s seafront is set to become a creative hub and provide a local jobs’ boost.

A £225,000 funding award will breathe new life into the former Murray Library to become a state-of-the-art business centre for creative industries and offer employment opportunities.

The cash windfall has come from the European Structural Fund and will be used to renovate and redevelop part of the red sandstone multi-storey building - a landmark in the East Neuk town - to provide six to eight affordable business units for let to small and medium sized businesses in the creative industries.

INJECTION

It aims to support six enterprises and create five jobs.

The award is part of a financial injection of more than £1.9 million to back new jobs and business opportunities throughout Scotland and will support new developments and improvements to existing facilities, offering business spaces, training schemes and childcare facilities.

Cabinet Secretary for Infrastructure and Capital Investment, Alex Neil, said:”Structural funds played a key role in stimulating economic recovery in Scotland and the cash injection will help sustain that renewed growth, support vital jobs and boost local economies.

DIFFERENCE

“The people of Anstruther and the surrounding areas will see a real, tangible benefit to their local community and economy. They will see for themselves in bricks and mortar and in employment opportunities how this money will make a difference to their area.

“I have no doubt that the facilities being created through the new funds will be a real asset to individuals, businesses and the entire Fife community.”

European Structural Funds are part of EU cohesion policy aimed at ensuring growth across the continent is equally distributed between regions.

They are available to all member states and are distributed based on regional strength of economy.