Regional Growth Fund Round 1
In Round 1 of the Regional Growth Fund bidding process announced on April 12 2011, 50 out of 450 bids nationally were successful (subject to due diligence) including five in the West Midlands. These are forecast to create 6,193 direct and 34,669 indirect jobs.
GBSLEP helped to secure two major bids:
- £15.7 million: Birmingham Chamber of Commerce – A45 Corridor Improvement
- £70million: Jaguar Land Rover – Research and Design (R&D) and Apprenticeships.
These projects represent 19% of the total national RGF allocation.
Other successful applicants in the wider West Midlands in Round 1 were:
- Alstom Grid UK, Staffordshire
- Bosch Thermotechnology Ltd, Worcestershire
- Prince’s Regeneration Trust, Stoke-on-Trent.
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See more:
Full information about Regional Growth Fund Round 1 allocations
