Regional Growth Fund (RGF)
The Regional Growth Fund (RGF) is a £2.6 billion fund operating across England from 2011 to 2016. It supports projects and programmes that are using private sector investment to create economic growth and sustainable employment. The first 3 rounds allocated £2.4 billion which will leverage over £13 billion of private sector investment and create or safeguard over 500,000 jobs. The RGF is a flexible and competitive fund, with bidders able to submit bids either as a project or a programme. It has a minimum bid threshold of £1 million.
There are localised of RGF funds that can cater for applications of less than £1million but this very much location dependent
There is wealth of experience in accessing this fund with successes ranging from £67m down to £100k. Presently, BSM are working on RGF bids totaling over £8.5M on behalf of our clients.
Please contact us for the latest news on current projects which can be funded through the Regional Growth Fund.