A new round of the Government’s Regional Growth Fund has opened for businesses across the country, and City of York Council is encouraging firms in York to bid for a share of the £300 million cash pot.
Nick Clegg at launch of Regional Growth Fund
The fund, which has already supported almost 300 projects and programmes across the country, is open to bids of £1 million or more for high quality private sector projects and programmes that leverage private sector investment and create sustainable jobs.
Round five of the Regional Growth Fund will close to applications on Monday 9 December, with successful bidders announced in Spring 2014. Bids will need to demonstrate the potential for creating long-term, private-sector led economic growth and employment, and also evidence a significant private sector matched funding contribution.
For further information, or for help with the application process businesses can visit https://www.gov.uk/understanding-the-regional-growth-fund#round-5-now-open-for-bids or contact Andrew Sharp or Charles Storr in City of York Council’s Economic Development Unit on 01904 555834 or 01904 555901.