Regional Growth Fund
Regenerate Pennine Lancashire has brought £7.5m into Lancashire after their bid for the Regional Growth Fund (RGF) was successful, it was announced today.
The funding is set to:
• Create or safeguard 3792 direct jobs,
• Create or safeguard 2000 indirect jobs
• Lever in £31.4m private sector investment.
We are currently developing the delivery method, the Accelerating Business Growth in Lancashire scheme, for a 2012 launch. It aims to meet the needs of local advanced manufacturing SMEs.