Going for growth

16 Oct 2013 @ 5.09 pm
| News

Issued by City of York Council

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 £300million cash pot.

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.

Councillor James Alexander, Labour Leader of City of York Council said “This is a great opportunity for local businesses to access funding to help develop their businesses and secure jobs and growth.

“The fund is all about giving companies the confidence to invest, hire and grow and I would encourage more firms in York to come forward and apply either directly, or through partnership arrangements.

“City’s across the country have seen huge projects funded by the fund and it’s time York saw similar investment.”

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 this webpage or contact Andrew Sharp or Charles Storr in City of York Council’s Economic Development Unit on 01904 555834 or 01904 555901.


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