RGF grant scheme targeting N and E Yorks launches
A £4m business grant fund is now available to North and East Yorkshire businesses following a successful Regional Growth Fund (RGF) bid led by Clive Owen and the BE Group.
The fund hopes to build upon the success achieved last year with the scheme administered by the local enterprise partnership (LEP). The LEP scheme opened the door to the availability of grants within the North and East Yorkshire region, but its timescale was always limited by a 31 March 2015 end date.
Clive Owen, which has an office on the Northminster Business Park, advised on a large number of applications into the LEP scheme and partner Neville Baldry (pictured, right) had the idea to put forward a bid to round six RGF bid for funds to continue the availability of grant support to businesses in the region.
Baldry then teamed up with Simon Allen (pictured, left) of the BE Group, which administers the Let’s Grow North East grant scheme, along with a number of other government-funded schemes.
Support was also forthcoming from the LEP, representing the nine local authorities within the area covered by the scheme.
The scheme is now ready for launch at a breakfast event at York's Marriott Hotel in Tadcaster Road on 19 June. To be called Let’s Grow North and East Yorkshire, the scheme builds upon the name already established in the North East over the last two years.
"This is great news for North and East Yorkshire as, historically, this region has been out of scope for grant funding opportunities," said Baldry.
"Growing businesses in the region have often missed out on funding opportunities, while their close neighbours in areas such as Teesside and West Yorkshire have always benefitted from grant support."
Simon Allen added: "Having established Let's Grow as a brand within the North East, it seemed a logical decision to adopt this name for our scheme."