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Lincolnshire businesses urged to bid for share of £200m

Businesses in Lincolnshire can bid for a share of £200 million following the launch of round six of the Regional Growth Fund (RGF).

The Greater Lincolnshire Local Enterprise Partnership (LEP) is urging firms to apply for the latest round of the fund which supports projects to create growth and employment.

Businesses will be able to submit their bids until noon on September 30, 2014.

Round six is only applicable for wholly private organisations, such as limited companies and universities, seeking £1 million or more.

The fund, which was launched in 2010, has supported a number of businesses and organisations including the University of Lincoln, Bifrangi and the Lincolnshire Chamber of Commerce.

Ruth Carver, Manager of the Greater Lincolnshire LEP, said: “This latest round of funding will provide a welcome boost for our economy and give businesses in Greater Lincolnshire an opportunity to move forward with important investment projects.

“The RGF funding we have been awarded to date will deliver more than 1,200 new jobs to our area.”

Deputy Prime Minister Nick Clegg said: “The Regional Growth Fund is a helping hand from government to create thousands of jobs that last, boost the private sector and rebalance the economy.”

The government is calling on companies to plan high quality projects that will generate significant private sector investment and sustainable jobs.

Businesses are encouraged to make contact with Greater Lincolnshire LEP for advice and help with submitting a strong bid by calling 01522 550540 or emailing enquiries@greaterlincolnshirelep.co.uk.