News - 05 January 2015

RGF Supports 8,000th Company

The government-backed Regional Growth Fund (RGF) has supported 8,000 companies, new statistics have revealed, ahead of the unveiling of selected bids for the sixth round of the fund.

The RGF was created by Deputy Prime Minister Nick Clegg in 2010 in a bid to bolster regional economies.

Clegg said: “It is great news that the Regional Growth Fund has now reached the landmark of supporting its 8,000th company. This innovative fund is helping companies to invest, expand and to create sustainable jobs in the local community.

As a result of investment over the past four years, hundreds of projects are underway across England, including 28 in the South East and London, 86 across the Midlands, 73 in the North West, 94 in the North East, 48 in Yorkshire and Humber, 36 in the South West and 11 in the East of England.

The scheme has also created and safeguarded about 100,000 jobs.

“Rebalancing the economy and boosting regional growth has been a top priority for me in government,” Clegg added.

“It is a key part of building a stronger economy and fairer society. The success of the Regional Growth Fund is a shining example of how government can help regional businesses realise their own goals and plan for a prosperous future.”

Selected bids for the sixth round of the RGF will be revealed this year.

Source: Insider Media

Latest News & Events

19 July 2024

Local business support boosted with launch of Early Stage Angel Investment Fund

Read Article

21 June 2024

Spotlight on our Board: Scott Knowles, Chief Executive, East Midlands Chamber, on the D2N2 LEP transition and East Midlands devolution

Read Article

11 June 2024

The D2N2 LEP staff team joins the East Midlands Combined County Authority (EMCCA)

Read Article

07 June 2024

Becky Rix, Marketing Director at Roadgas, explains why Roadgas is a proud member of the East Midlands Hydrogen Consortium

Read Article

05 June 2024

Spotlight on our Board: D2N2 LEP Board Member Natasha Johnson, Director of Partnerships at Global Entrepreneurs UK

Read Article

05 June 2024

Free Expert Business Advice and Support available through East Midlands Chamber’s Accelerator Programme

Read Article

03 June 2024

Spotlight on our Board: D2N2 LEP Board Member Professor Edward Peck CBE, Vice-Chancellor and President, Nottingham Trent University

Read Article

24 May 2024

Focus on the East Midlands: our time is NOW!

Read Article

24 May 2024

D2N2 LEP CEO, Will Morlidge, shares our East Midlands Hydrogen ambitions at UKREiiF

Read Article

24 May 2024

East Midlands Freeport and Freeport East Sign Green Freight Corridor Initiative at UKREiiF

Read Article

Get in touch.

Subscribe to our newsletter

Sign up
Address

D2N2 Local Enterprise Partnership
8 Experian Way
Nottingham
Nottinghamshire
NG2 1EP

Social

Our Partners