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<p>Manufacturing is a critical part of our national economy, including in Lincolnshire
and South Holland. The Department works closely with industry to support manufacturers.
For example, we have made £2 billion available in Government-backed finance through
the Coronavirus Business Interruption Loan Scheme, £2.3 billion via the Bounce Back
Loan Scheme, and £4.78 billion through the Coronavirus Job Retention Scheme.</p><p>
</p><p>We continue to support manufacturing growth through investments in projects
such as Made Smarter, the High Value Manufacturing Catapult network, and innovation
programmes such as the Automotive Transformation Fund. Across Greater Lincolnshire,
the Government is investing £155.45 million of Local Growth Funding and £25.8 million
from the Getting Building Fund.</p><p> </p><p>In South Holland, £9.4 million has supported
the Holbeach Food Enterprise Zone development, £2.4 million towards the Agri-Food
Centre, and £1.9 million to upgrade the Holbeach Peppermint Junction. Just last month,
the Department for International Trade announced that Holbeach Food Enterprise Zone
will be one of nineteen UK High Potential Opportunities marketed to global investors
to exploit the area’s expertise in agri-food manufacturing, automation, and robotics.
This will help to develop Holbeach as the manufacturing hub of the UK’s Food Valley.</p><p><strong>
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