A major economic figure has urged companies in Coventry and Warwickshire to bid for a share of the Regional Growth Fund (RGF).
The third round of the government’s RGF has released a further £1 billion of funding to create jobs in businesses across England.
Submissions can now be made by companies throughout Coventry and Warwickshire for their slice of the fund which aims to lead to further private investment and boost the regional economy.
Denys Shortt, the chairman of the Coventry and Warwickshire Local Enterprise Partnership (LEP), said there were already a number of businesses in the region – including MIRA and Elonex – to have benefitted from rounds one and two of the RGF.
“We have been delighted to have been at the forefront of steering companies in the right direction to gaining funding from the initial phases of the £1.4 billion of funding which was made available,” he said.
“It is positive news that a further £1 billion has been released because businesses need to be given confidence to invest their hard-earned profits back into their company to expand and create jobs.
“I hope some of the companies who were not successful in rounds one and two will try again and I would encourage those who haven’t applied before to give it some serious thought.
“The application process has been made easier and the deadline for bids is June 13 so there is plenty of time to prepare your submission.”
Application forms can be obtained by emailing [email protected]
As in previous rounds of the RGF, support is available during the application and endorsement process – please refer to the website www.cwlep.com for regular updates.