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£30 million secured for growth fund
11:19am Monday 22nd October 2012 in Business news
LEEDS City Region Local Enterprise Partnership has secured more than £30 million funding from the Government’s Regional Growth Fund (RGF).
The funding will be used to provide grants of between £100,000 and £1 million through a Key Growth Clusters Programme to support business investment in new equipment, infrastructure or research and development activity.
Grants of between £10,000 and £100,000 will also be made available to about 200 small and medium sized businesses in priority growth clusters under its SME Employment Growth Programme.
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