£50m investment in two Agri-food Centres of Excellence.
Malton Agri-food Park secured Food Enterprize Zone.
£10m Bioeconomy Growth Fund Launched.
Moving towards a higher value economy means maximising our area’s economic strengths. Our assets are around agri-food, biorenewables and bioscience. These are key UK growth sectors which we hope to lead on globally.
While facing the challenges of limited natural resources, a growing population and climate change, the bioeconomy provides a future foundation for global opportunities and a huge market opportunity here.
Our approach combines maximising current market opportunities, while developing low carbon products and services to sustain our future economy.