Tags: Business Support, Growing The Humber, Investment Panel, Regional Growth Fund, RGF

A Regional Growth Fund programme to provide funding to businesses in the Humber region and to inward investors to support business growth and diversification which results in new job creation.

 

The programme was split into two strands as follows:

Strand 1: South Humber Bank Renewables Programme Strand 2: Business Expansion Programme
Priority sectors Renewable energy Chemicals

Ports and logistics

Food manufacturing

Healthcare technologies

Digital and creative

Funding for Infrastructure

Investment grants

Skills

Inward investment

R&D

Business investment

R&D

Wage subsidy and training

Amount £10m £20m

Strand 1 supported the growth of the offshore wind and renewable energy supply chain on the South Bank, mirroring the existing North Bank programme, through development of key infrastructure, grants and other support for businesses, and improving local skills

Strand 2 supported growth in other Humber priority sectors, through the management of an investment grants fund to enable business growth and investment, R&D and wage subsidies and training.

A list of projects approved under this programme can be found below

Approved Growing the Humber RGF grants – Feb 2015

Growing the Humber was extended in 2015 following the securing of £4m Local Growth Fund. Further information can be found here

Project Dates

June 30, 2015

Project Sponsor

North East Lincolnshire Council

Location

Humber wide

Funding

£30m

Approval Status

Business case approved

Delivery Status

Completed

Last updated: August 26, 2016