Cumbria Local Enterprise Partnership has unveiled its financial plan for the country for the next ten years.
"At the moment far too many young people in South Lakeland have to leave home and go work elsewhere. This proposal will mean - if this comes off- young people will be able to stay here, work here and live here"
I'm the recipient of a Regional Growth Fund bid or a Regional Growth Fund - so I am already being able to expand the factory as a result of that, take on more people to do research and development and younger apprentices and all the rest of it. Now that hopefully is what other people will be able to do across Cumbria with the plan focusing and supporting the Regional Growth Fund effort."
More top news
As temperatures are set to soar across the region, here are some tips on how to stay safe and cool this summer.
The world's biggest Human Slingshot has opened in Dumfries and Galloway today.
Six former British soldiers, including three from this region, have been told today that they will go on trial in India on weapons charges.