Around 800 new jobs will be created in Ryedale after the Government announced £8.3m of funding for the development of the Food and Research Environment Agency (Fera) site at Sand Hutton.
The money, which will be used to develop a National Agri Food Campus, was awarded to York, North Yorkshire and the East Riding Local Enterprise Partnership (LEP) as part of its bid to the Government’s Local Growth Fund.
However, a bid of £2.1m for a roundabout and infrastructure needed for the relocation of Malton’s livestock market and another bid for improvements to the A64 failed to secure any cash in this funding round.
The funding is part of the Local Growth Deal awarded to York, North Yorkshire and the East Riding Local Enterprise Partnership (LEP), which the Government says “supports the area’s ambition to become a national and international centre for the science of food, agri-tech and bio-renewables.”
The deal secures more than £110m for the LEP area and is now expected to unlock a further £100m from the private sector and local partners.
More than 3,000 jobs will be created and over 4,000 homes will be built in the £210.1m package.
The bid for Malton Livestock Market and Agri Business Park on land near Eden Camp, Old Malton, will be resubmitted, say council chiefs, who are also committed to pressing for improvements to the A64.
“I am extremely pleased at the amount of funding awarded within our LEP area, which I believe illustrates the quality of the bids put forward,” said Cllr Linda Cowling, leader of Ryedale District Council.
“The funding for the National Agri Food Innovation Campus is brilliant news for Ryedale, with many hundreds of well paid, skilled jobs being created in our District. We will continue to work with our partners to ensure the Agri Business Park, which will house Malton’s relocated livestock market, goes ahead in the near future and that improvements to the A64 are achieved.”