Regional Growth Fund

House of Lords written question – answered on 27th March 2014.

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Photo of Lord Harrison Lord Harrison Chair, EU Sub Committee A - Economic and Financial Affairs

To ask Her Majesty’s Government how many small businesses have been helped by the Regional Growth Fund, broken down by (1) size, and (2) region.

Photo of Viscount Younger of Leckie Viscount Younger of Leckie The Parliamentary Under-Secretary of State for Business, Innovation and Skills

Support to business via the Regional Growth Fund is provided by both direct projects and wider programmes which are run by intermediaries to distribute funds to businesses.

In addition to the locally run programmes we have 13 programmes that have national coverage. In total, over 3,500 Small and Medium Enterprises (SMEs) have to date, been supported by these programmes

The table below shows the regional breakdown of such support.

Region Number of businesses supported
East Midlands 96
West Midlands 406
North East 85
North West 180
South East 106
South West 58
Yorkshire & the Humber 44
Nationally run 2,579
Total 3,554

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