Sir Jim urges businesses to apply for their share of £200 million growth fund

PUBLISHED: 14:24 12 July 2014 | UPDATED: 14:24 12 July 2014

MP Sir Jim Paice

MP Sir Jim Paice

Archant

Sir Jim Paice is urging East Cambridgeshire businesses to apply for the latest round of the Regional Growth Fund, for a share of the £200 million available to the region.

The Regional Growth Fund, which being handed out between now and 2017, was set up in 2011 to support projects and programmes which use private sector investment to support growth and create new jobs.

To date, some £90 million of the funding has been handed out to the East of England to 13 different bids, attracting an additional £400 million of private investment and supporting 15,000 jobs.

Locally, the fund has supported the Eastern England Agri-Tech Growth Initiative, which is looking to establish a new agricultural research hub in Soham.

Sir Jim, MP for SE Cambs, said: “I would encourage local businesses to seize this fantastic opportunity to apply for funding to help them grow and create jobs.

“The fund is already supporting 15,000 jobs and £400 million of private investment in this region, and the new round will help businesses create even more. “Creating more jobs by backing small businesses is a key part of the Government’s long-term economic plan to secure a better future for Britain. Each new job this fund supports means another family with the security of a regular pay packet.”

To find out more, visit www.gov.uk

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other Ely Standard visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by Ely Standard staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique Ely Standard account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

More news stories

The county council says it will make the Traffic Commissioners aware of a major investigation being undertaken into the Fenland Association of Community Transport (FACT) when they decide on whether to allow them operator licences to run commercial services through new limited companies.

A man familiar to people in and around Ely for dressing up as Father Christmas is hanging up his red jacket and white beard, having collected over £2,800 for East Anglia’s Children’s Hospices (EACH).

18:26

‘Houston we have a problem’ admitted county councillor Bill Hunt, vice chairman of the county council highways and community infrastructure, when he offered a public apology today for the number of potholes across Cambridgeshire.

14:54

Jean Herrema, artist, dressmaker and co-founder of a long-running Ely women’s group, has died aged 86.

Most read stories

Digital Edition

Image
Read the Ely Standard e-edition E-edition
HOT JOBS

Show Job Lists

Newsletter Sign Up

Sign up to receive our regular email newsletter