£10m Secured for Business Investment from Regional Growth Fund
Fri 13 Feb 2015
The sixth round of the Regional Growth Fund has secured £10 million of funding through Finance Yorkshire for investment into business across Yorkshire and the Humber.
The full investment of £90m supported 694 investments safeguarding 9,240 jobs.
Finance Yorkshire chief executive Alex McWhirter said:
"This is excellent news and a tremendous boost for Yorkshire and the Humber," "The grant will allow Finance Yorkshire to continue its vital investment work in providing gap finance to companies with viable and achievable business plans, allowing them to grow and expand and create jobs in the region."
"Our investments have already given businesses a timely boost which has led to substantial private sector investment and more employment opportunities being created."
"The RGF grant will further increase that effect and with growth firmly back on the business agenda, the economic impact of the new investment available should not be underestimated."
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