Fife Taskforce has announced more than £2 million in funding for projects to support businesses and help regenerate communities in the central Fife area.
Queensway Green Technology Park is the biggest beneficiary, receiving £1.17 million to help turn Queensway Industrial Estate into a modern business and technology park which can use the RWE Biomass Power Generation facility.
Glenrothes Enterprise Hub is to receive £500,000 to create a dedicated “one-stop shop” to support new enterprises, while £250,000 has been awarded to support the communities most affected by the closure of Tullis Russell. Glenrothes Paper Limited, an employee-led bid to buy part of Tullis Russell has been awarded £150,000.
Deputy First Minister John Swinney stressed: “The Taskforce has a specific vision and an immediate plan of action to support workers and use the £6 million we have provided to support the local community and the wider Fife economy.”
Fife Council Leader Cllr David Ross added: ““We are making progress on this and I would like to thank all those who are making valuable contributions to this work.”