Wednesday 13 April 2011

Regional Growth Fund

14 North East businesses won bids, out of a total of 50 firms, to the Government's Regional Growth Fund in the first round.

The North East Chamber of Commerce has said the move is "welcome support" and "good for manufacturing in the North East."

The £1.4bn fund which is designed to encourage enterprise, growth and jobs in the private sector and support areas and communities that are dependent on the public sector.

The second round is open for bids until July 1st click here for more