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Andrew Mitchell MP calls for local businesses to bid for cash from the Regional Growth Fund

Sutton Coldfield’s MP, Andrew Mitchell, is encouraging businesses in Sutton to bid in the final round of the Regional Growth Fund (RGF) which is now open for applications.

The RGF is a £2.6 billion fund operating across England from 2011-16. The fund is competitive and bidders should offer schemes which will boost jobs and growth in the West Midlands region. Bids are considered by an expert panel which recommends the businesses that the Government should support.

Andrew Mitchell MP said, “I regularly visit a range of businesses in Sutton Coldfield who have sound ideas which will boost economic growth locally. I want to encourage all companies in Sutton to take advantage of this next round of investment and put forward top quality bids to access the money that can help them grow.

“The RGF is helping to rebalance the economy by investing in companies that can create jobs and attract substantial match-funding from the private sector. For every pound of Government money, the private sector is putting in six pounds.”

To bid for a share of the £350 million Round 4 Fund local businesses should visit www.gov.uk/understanding-the-regional-growth-fund

Potential applicants should look out for details of the West Midlands expression of interest event which will be held in Birmingham on 6 February 201. The deadline for applications is 12 noon on 20 March 2013.

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