 Graduates will be able to borrow digital equipment |
Budding television and video entrepreneurs in North East Lincolnshire are to be given a helping hand to set up their own businesses. Yorkshire Forward, the regional development agency, hopes to strengthen the region's media industry with �1.5m of funding.
The money will be used to provide an equipment loan service and technical support for graduates to strike out into digital video and television production.
The agency says the high costs of buying or hiring the specialist equipment is forcing potentially talented producers to look for jobs outside the region.
Industry support
Spokesman Jim Farmery said the aim is to safeguard 100 jobs and create 25 new businesses over the next three years.
"North East Lincolnshire has a thriving media industry built around its four colleges which has won international acclaim.
"But it is almost a victim of its own success with highly-qualified graduates leaving the region."
The project is being supported by major companies in the industry including Sony, Apple and Ntl.