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Government IncentivesThe kind of help governments offer companies to set up in high unemployment areas include
  • Grants, which is money given to the company
  • Loans, money given to the company that has to be paid back over time
  • Training, so that people will have the skills they need in your industry
  • Infrastructure, improvements in e.g. roads, electricity supply, telecommunications and the water supply
  • Constructing buildings that the companies can move into

Government aid is provided by the local authorities, the British Government and the European Union.

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12y ago

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