Otley MP urges companies to bid for Growth funding (From Ilkley Gazette)

Otley MP urges companies to bid for Growth funding

12:00pm Saturday 26th January 2013 in Local news

Otley's MP is urging local firms to bid for a share of the Regional Growth Fund.

Bidding for round four of the fund, worth £350 million of investment, opened last week and Greg Mulholland (Lib Dem, Leeds North West) says he will be working with businesses across his constituency to help them benefit.

He said: “The Regional Growth Fund is an important part of the Liberal Democrat efforts, in the coalition Government to build a stronger economy in a fairer society.

“The fund has made a real difference in Leeds North West, for example at Surgical Innovations, who specialise in the design and manufacture of creative solutions for minimally invasive surgery, who benefited from the last round.

“By investing in jobs and growth in Yorkshire and Humber, the Government is rebalancing the economy to end our over-reliance on financial speculators in London and give areas like ours a fair share of investment.

“I will be working with business in Leeds North West to ensure we get the best out of the fund and create sustainable jobs.”

The Government says the scheme has already created or safeguarded more than 65,000 jobs in Yorkshire and Humber, by investing £215 million.

Visit gov.uk/understanding-the-regional-growth-fund for details.