The Minister of State, Department for Business, Innovation and Skills (Michael Fallon)
I would like to take this opportunity to update the House on the progress of round 5 of the Regional Growth Fund (RGF). Following my right hon. Friend the Deputy Prime Minister’s announcement on 10 April 2014, Ministers have concluded that an additional two projects and one additional programme will receive conditional offers as part of RGF round 5. This will mean round 5 of the RGF will invest £306 million to support 53 projects and programmes helping to create or safeguard 37,000 jobs and leverage £1.9 billion of private sector investment.
The additional projects and programme for round 5 of the RGF are:
South West
Actavis UK Ltd
Purico Paper Company Ltd
Nationwide
University of Lincoln (UoL) & UK Business Incubation Ltd (UKBI)