More than £2million will be spent building an enterprise centre to support new businesses in Witham, creating 100 jobs.
Braintree Council has allocated £500,000 from the New Homes Bonus to build 25 new enterprise units somewhere in the town, which will offer support and guidance to start-up firms.
The NHB money will come from developers who are building new homes in the Braintree district.
Some £2million from the Single Local Growth Fund has also been allocated for the project.
The council has not yet decided where the centre will be located.
See this week's Witham Times for the full story.