Regional Growth Fund: 2nd Round Bidding

Small businesses looking for development funding can pitch for support, following the launch of the second round of bidding for the Government’s Regional Growth Fund (The first round of bidding opened in December 2010) The £1.4 billion Regional Growth Fund, launched last year, will provide backing for struggling businesses that can demonstrate that “their survival will create jobs and promote growth in their region”. The first round of investment provided £450 million of investment to companies and partnerships across England, creating 100,000 new jobs. The second round of funding has now opened for bids. Businesses have until 1st July to apply. Commenting on the first round of funding, business secretary Vince Cable said: “The Regional Growth Fund is a competitive fund and we wanted to se... »