Issue 22 | Page 9

KEY PLANS SUBMITTED FOR FORMER SSI SITE Ben Houchen has submitted a planning application to Redcar and Cleveland Council that will spearhead the redevelopment of a key piece of land at the former SSI steelworks site. The plans will see a new roundabout and road access created for the Grangetown Prairie site – a 150-acre area that is one of the first sections of land to be developed. The development of the new road will also include important improvements to the existing Eston Road. Mayor Houchen had previously announced Hartlepool-based Seymour Civil Engineering had been appointed to start site clearance and preparation work at the Prairie site, as part of a multi-millionpound contract, and the firm has also been contracted to carry out this latest work. Awarding the contract to the Hartlepool firm, which is providing jobs for local people, emphasises mayor Houchen’s commitment to give businesses in the Tees Valley the support they need during the coronavirus pandemic. The clearance work began less than a week after the successful outcome of the compulsory purchase inquiry into the former SSI steelworks. The inquiry granted the South Tees Development Corporation powers to purchase the former SSI steelworks, along with a further 112 acres of land, following a three-year battle. Eston Road currently provides access into the South Tees Eco-Park and Freight Park from the A66 at Grangetown. As part of the new plans to improve access to the Grangetown Prairie site, Eston Road will be widened. Works along the eastern side of Eston Road will create dedicated foot and cycleways, as well as a new four-arm roundabout at the bend in the road, with two new internal access roads into the Prairie site. “We need to do everything we can to support local businesses during this difficult time, and there’s no better way of doing that than giving them work on one of the biggest regeneration projects in Europe,” said the Tees mayor. “I’ve always said this redevelopment will be about creating good quality, high-skilled local jobs for local people.” Rail stations boosted by £11m government backing Plans to transform two Tees railway stations have been given a government boost after transport secretary Grant Shapps pledged £11m of funding to develop both schemes. The announcement of £8.7m for Darlington station and £2.45m for Middlesbrough will help develop proposals for a package of enhancements. The Tees Valley mayor and Combined Authority have also pledged £25m for work at Darlington, which would see improvements to the fabric of the station TEES Business. The former SSI site, at 112 acres, is one of the biggest regeneration projects in Europe. including improved entrances and the regeneration of the wider area. Mayor Ben Houchen revealed that work on the £35m plan to redevelop Middlesbrough station could begin in the autumn, following a £22.5m pledge from the mayor and Combined Authority and the submission of its outline business case. The new funding follows a budget commitment by chancellor Rishi Sunak to provide £80m for the redevelopment of Darlington station. PD Ports and Tees Valley mayor Ben Houchen are leading a campaign to bring a freeport to Teesside – a tariff-free business zone that the mayor believes could create 32,000 jobs over the next 25 years. #TalkingUpTeesside #TalkingUpTeesValley BUSINESS BITES NEWS px IN GROWTH LIST Energy and industrial solutions firm px Group has been named as one of Britain’s fastest-growing companies. The Stockton-based firm was ranked as the 53rd fastestgrowing business in Britain by The Sunday Times Profit Track, which recognises UK private companies across all business sectors with the fastest-growing profits. Profits at px Group have risen by an average of 53 per cent each year over the past three years to £6.6m. SKIP THE TIP Recycling expert Scott Bros is urging householders to consider hiring a skip rather than using a “man with a van” in a bid to reduce illegal fly-tipping. While councils across the Tees Valley, County Durham and North Yorkshire have now reopened most waste recycling centres to the public, there have been reports of long queues due to social distancing measures. Authorities have reported that fly-tipping problems have rocketed during the lockdown. BOUNCE-BACK HELP Teesside University is helping fledgling start-ups bounce back from the Covid-19 pandemic through new “re-incubation” support. The support is focused on ensuring early-stage businesses can quickly and confidently make the right decisions to ensure they survive the adverse environment caused by the lockdown. Support will initially focus on the 150 alumni who have gone through the university’s start-up Launchpad programme before being opened up more widely. For more information about Teesside University’s service to business visit tees.ac.uk/business. CBILS LOANS OPEN Following its accreditation by the British Business Bank as a lender under the Coronavirus Business Interruption Loan Scheme (CBILS), FW Capital is now open to applications. The Coronavirus Business Interruption Loan Scheme is designed to support the continued provision of finance to SMEs during the Covid-19 outbreak. The scheme enables lenders to provide facilities of up to £5m to smaller businesses across the UK experiencing lost or deferred revenues that have led to disruptions to their cash flow. The voice of business in the Tees region | 9