Blackburn with Darwen Council said it wanted to avoid "creatives having to move away to further their careers" The fund will help pay for 250 volunteers and 12 paid workers in Lancashire, which has a historic reputation for manufacturing.
The money would be used to develop skills and improve employability, and to set up pop-up events and school initiatives.
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.