Karl McCartney MP has urged local business to apply for Round 6 of the Regional Growth Fund, which has opened for bids for a share of the £200 million available, to help them grow and create jobs.
Already £160m of funding has been allocated to the East Midlands to 25 different bids, attracting £1.1b of private investment and supporting 39,000 jobs.
The £3.2 billion fund supports projects using private sector investment to create jobs and growth.
In Lincoln, the Fund has already supported Bifrangi, the University of Lincoln and Dynex Semiconductor.
Karl McCartney MP commented: “This is a fantastic opportunity for businesses in Lincoln to apply for funding to help them grow and create jobs.
“The Fund is already supporting 39,000 jobs and £1.1b of private investment in the East Midlands with funding for local businesses like Bifrangi and Dynex Semiconductor in Lincoln, as well as the University of Lincoln, and this new round will help businesses create even more.
“Creating more jobs by backing small businesses is a key part of the Conservatives’ long-term economic plan to secure a better and brighter future for Britain. Each new job this fund supports means another family with the security of a regular pay packet.”
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For further information, please contact Karl McCartney MP at [email protected] / 020 7219 7221.