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A multi-million pound business complex is to be built in Nottinghamshire after a £2.9m grant was secured.
The East Midlands Development Agency has agreed to give the money for The Business Innovation Centre in Newark.
It will accommodate 20 small and medium sized enterprises and should be open early in 2007.
Newark and Sherwood District Council and Nottinghamshire County Council have already committed almost £1m jointly to the project.
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