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Regional growth fund applications open
26/06/2014 15:20:00

 
 

On 19th June, the latest round of the Regional Growth Fund opened for bids. Local business are able to apply for a share of the £200 million available.

The fund supports projects that use private sector investment to create jobs and growth. To date, £150 million of funding has been allocated to 26 bids from London and the South East, attracting £1.1 billion of private investment and supporting 40,000 jobs. A good example is the City High Growth and Innovation Fund run by the Coast to Capital Local Enterprise Partnership (which covers the region from the south coast to Croydon).

Creating more jobs by backing small businesses is a key part of this Government’s long-term economic plan to secure a better and brighter future for Britain. Each new job this fund supports means another family with the security of a regular pay packet.

This is a fantastic opportunity for businesses in Croydon to apply for funding to help them grow and create jobs. I hope that many will take it up.

Please visit this website to find out more about how to apply.

Comment on this blog

 

Readers' Comments

On 27/06/2014 16:38:00 Jim wrote:
Socialist nonsense. Taking £200M through taxes (more when you consider the incumbent bureaucracy and dead hand of government) only to give it back in the form of subsidies after it's been "applied" for.

Why do governments think they know better than markets? Why can't they just leave businesses alone?

No doubt the deluded public officials involved think they are doing some great service. This meddling dulls Britain's future rather than brightens it.

 
 

 

 

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Gavin Barwell, 133 Wickham Road, CR0 8TE, Tel  020 8663 8741      © Gavin Barwell  2017       Promoted by Ian Parker on behalf of Gavin Barwell, both at 36 Brighton Road, Purley, CR8 2LG