Member Article

Sixth Regional Growth Fund round offers North East firm share of £200 million

North East businesses can bid for their share of the £200 million sixth round of the Regional Growth Fund - launched today by the Deputy Prime Minister.

Round six is open to private sector firms seeking £1 million or more, for projects that will generate significant investment and sustainable jobs.

Nick Clegg launched the latest pot at the Manufacturing Summit in Merseyside today, where he was joined by the Business Secretary Vince Cable and Business Minister Michael Fallon.

Mr Clegg said: “The Regional Growth Fund is a helping hand from Government to create thousands of jobs that last, boost the private sector and rebalance the economy.

“I’ve seen first hand at Nissan in Sunderland how the fund is supporting businesses that are working hard to fuel our recovery and help us build a stronger economy.

“I would encourage any businesses that can generate significant private sector investment and sustainable jobs to bid for a share of the £200 million available from the fund.”

Firms can submit their bids until noon on September 30 2014, via the gov.uk website here.

This was posted in Bdaily's Members' News section by Tom Keighley .