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Support for small businesses working at Hinkley Point C


Making sure that as many Sedgemoor businesses as possible benefit from opportunities on the Hinkley Point C (HPC) project is one of the shared aims of the District Council and EDF Energy which is why a fund has been launched to help smaller companies. 01/02/18

Making sure that as many Sedgemoor businesses as possible benefit from opportunities on the Hinkley Point C (HPC) project is one of the shared aims of the District Council and EDF Energy which is why a fund has been launched to help smaller companies. 

Contributions from EDF Energy made under the legal agreement attached to the planning consent for HPC have been set aside for a Suppliers' Support Grant Fund accessible to eligible small or medium size businesses working or wanting to work on building the power station and associated developments.

To qualify companies must employ fewer than 200 people, be based in Sedgemoor, supply a year's accounts and be registered on the Hinkley Supply Chain portal. The money can be used for a number of purposes such as accreditation, training, recruitment, research and diversification as well as for new facilities, equipment or processes.

Portfolio Holder for Economic Growth at Sedgemoor, Cllr Anne Fraser, said: "We are really keen to see local businesses taking advantage of the numerous contracts coming out of Hinkley. If there is something holding them back which can be addressed with a bit of financial support, we think that is a sensible use of the money."

Sedgemoor is working with a number of partners in other ways to help local companies and individuals engage with the HPC project and benefit from it, which has led to a dedicated supply chain portal and a range of business support initiatives.

So far, 638 Sedgemoor businesses have registered on the portal and 51 have contracts according to Chris Langdon, Hinkley Supply Chain Project Lead at Somerset Chamber of Commerce

Welcoming the launch of the grant, Chris said, "We will certainly get the word out to businesses we know and work with because we can think of a number for whom this small injection of cash could make all the difference in, for example, paying for a specialist course or accreditation needed to work on a nuclear site."

Interested businesses will be asked to complete a form, supply their accounts and give three quotes in the case of purchases. For further details visit: http://www.sedgemoor.gov.uk/article/2271/Suppliers-Support-Grant