|
The government has announced the first developments to receive a share of the new Regional Growth Fund. The £1.4 billion fund, announced in 2010, aims to create and safeguard jobs and stimulate private sector growth.
The first round of funding – amounting to around £450 billion – will be divided between fifty projects, mainly in northern England and the midlands.
Notable recipients include:
- A new link road south of Doncaster;
- Construction of a resin manufacturing plant in Teesside;
- Development of new factory and office facilities in Rochdale; and
- Expansion of a food factory in Wakefield.
Round 2 of the Regional Growth Fund opened for applications on 11 April. Applications are invited from private bodies and public-private partnerships. Bids must be able to demonstrate that the funding will create long-term growth. It will not support speculative developments.
Please click here for further details and how to apply.
|