Member Article

Finance conferences showcase funding available for growth

Funding is still available for growth – that was the key message to companies at a series of finance conferences across the region.

More than 500 business leaders from Yorkshire and the Humber attended the events organised by Finance Yorkshire in Leeds, York, Hull and Sheffield.

The events showcased investee businesses, gave the opportunity for discussion of investment opportunities across the region and provided vital information on each of the Local Enterprise Partnerships (LEP).

Since being launched in August 2010, Finance Yorkshire has made more than 350 investments, with a total value of £41m, in businesses across Yorkshire, the Humber and north and north east Lincolnshire. This has safeguarded and created 6,200 jobs and generated a private sector leverage of £79m.

Finance Yorkshire, chief executive Alex McWhirter, said: “The roadshows illustrated through case studies that there is funding available for viable businesses to develop growth plans. Plenty has been achieved so far, but there is still a lot of hard work ahead.

“This year attendees had the chance to learn about the economic strategies from their respective LEPs. Working together, Finance Yorkshire and the LEPs can improve prosperity and generate employment throughout the region.

“These annual events are always popular with financial intermediaries and we look forward to next year where we will have even more investee companies report their successes.”

Each event provided attendees with area specific information on accessing finance and allowed local businesses, which have had Finance Yorkshire investment, to report their development and the benefits of the funding.

This was posted in Bdaily's Members' News section by Mark Lane .