Regional Growth Fund Debate

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Department: Cabinet Office

Regional Growth Fund

Greg Clark Excerpts
Thursday 12th February 2015

(9 years, 3 months ago)

Written Statements
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Greg Clark Portrait The Minister for Universities, Science and Cities (Greg Clark)
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We are today announcing that regional growth fund support in England has been expanded by nearly £300 million, bringing the total investment in local jobs and enterprise over the six rounds to £2.85 billion.

The additional support has been awarded to 63 bidders in round 6 of the regional growth fund alongside projects and programmes awarded exceptional regional growth fund support.

A list of the organisations supported in round 6 can be found below.

Total regional growth fund investment is now expected to create or safeguard 580,000 jobs and leverage £16 billion of private sector support across England by the middle of the next decade. Over 100,000 of these jobs have already been created or safeguarded and £3.35 billion of private sector investment leveraged.

The regional growth fund was launched in 2010; it provides grants to projects and programmes with significant potential for economic growth, leveraging private sector investment and creating or safeguarding jobs.

Organisations are invited to bid for support in rounds and this is the sixth such round to date.

Combined with the £7 billion allocated so far to the local enterprise partnerships through growth deals, the regional growth fund is delivering tangible benefits across England.

List of Projects and Programmes

East Midlands

The University of Nottingham

Eicher Motors Ltd

East of England

Hybrid Air Vehicles Ltd

Bosch Lawn and Garden Ltd

Nwes & Archant

CTruk Boats Ltd

Nationwide

FSE Social Impact Accelerator (Programme) Ltd

Cavendish Consortium

Sharing in Growth UK Ltd

Economic Solutions Ltd

Creative England

YTKO

North East

Siro (UK) Ltd

Bristol Laboratories Ltd

Procter and Gamble Technical Centres Ltd

Company name withheld

North West

St Helens Chamber Ltd

Economic Solutions Ltd

Cumbria Chamber of Commerce

East Lancashire Chamber of Commerce and Industry

Victrex plc

MSIF

M Sport Ltd

HPL Prototypes Ltd

Hanson Springs Ltd

S Cartwright & Sons (Coachbuilders) Ltd

Barnfield Investment Properties Ltd

The University of Manchester

BioCity Nottingham Ltd

Reform Energy plc

South East

Vector Aerospace International Ltd

Aeromet International plc

North Sails

South West

City College Plymouth

University of the West of England

Plymouth University/SWMAS Ltd

Avanti Communications Group plc

Plessey Semiconductors Ltd

University of Gloucestershire

Ashwoods Automotive Ltd

Anthony Best Dynamics Ltd

Cambridge Silicon Radio Ltd

Corin Ltd South West

Spirent Communications plc

Tulip Ltd

Goonhilly Earth Station Hymec Aerospace (UK) Ltd

West Midlands

NTM GB Ltd

Easat Antennas Ltd

Brose UK Ltd

Greater Birmingham Chambers of Commerce

The Lighting Industry Association Ltd

Arlington Wheels Ltd

Stobart Biomass Products Ltd

Conder Structures

University of Wolverhampton

Jaguar Land Rover Ltd

Rimstock plc

Company name withheld

Yorkshire and the Humber

BE Group

Cs Wind UK Ltd

Finance Yorkshire Ltd

Kemira Chemicals UK Ltd

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