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 April 2024

D2N2 LEP Board Member, Becky Rix, shares her thoughts on the importance of low carbon growth for our region’s future

Read Article

18 April 2024

Two weeks to go – on Thursday 2 May people in our region will decide who leads a £4 billion boost for the East Midlands

Read Article

11 April 2024

D2N2 LEP CEO, Will Morlidge, features in Business Network magazine

Read Article

11 April 2024

Our region’s Youth Voice Ambassadors take centre stage at the Connected Futures Youth Led Event in Birmingham

Read Article

10 April 2024

Sign up to join the EMCCA Adult Education Budget online webcast on Tuesday 16th April

Read Article

09 April 2024

Midlands Net Zero Hub supporting Derbyshire Dales Community Energy scheme

Read Article

28 March 2024

Our region, our mayor, our vote: People in our region will decide who leads a £4 billion boost for the East Midlands

Read Article

27 March 2024

Midlands Net Zero Hub supporting Cromford Mills UNESCO World Heritage site hydro scheme

Read Article

26 March 2024

D2N2 LEP inviting bids for the delivery of Skills Bootcamps Wave 5

Read Article

22 March 2024

D2N2 LEP CEO Will Morlidge presents at the ‘Hydrogen Rail in the Midlands’ conference at Alstom, Derby

Read Article

Get in touch.

Subscribe to our newsletter

Sign up

D2N2 Local Enterprise Partnership
8 Experian Way


Our Partners