Regional Growth Fund opens sixth tranche of £3.2bn funding pot

£200m to be made available to businesses looking to create economic growth

The government’s £3.2bn Regional Growth Fund (RGF) has opened its sixth round of funding for businesses looking to support England’s economic growth and employment.

The RGF, which supports projects and programmes that are already in the process of raising private sector investment, is to make £200m available for this latest round with the minimum funding bid threshold set at £1m.

It intends for the sixth tranche to build on the success of rounds one to five which have provided £750m to businesses and organisations across England, delivering over 90,000 jobs and £1.8bn of private investment.

To help businesses looking to secure finance, the RGF will be running a series of Q+A roadshows across England in July and early August where entrepreneurs will receive advice from a panel of economists, local business leaders and senior members of the RGF team.

Funding bids will only be accepted from private organisations that operate in England.

Businesses have until September 30 to submit applications to the Regional Growth Fund, click here to apply.

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