Growth hub secures new funding

By Dean

02 Jan 2013

The Lancashire Business Growth Hub is one step closer to fruition after its bid for matched funding was approved by the European Regional Development Fund.
A new £7.25m programme to promote Lancashire businesses and create jobs has secured matched funding from the European Regional Development Fund.

Companies with high growth potential will be given access to finance and equity networks as part of the Lancashire Business Growth Hub, which will also provide specialist advice, coaching and mentoring.

It is a culmination of efforts of a partnership between Lancashire County Council, UCLAN, Lancaster University, Regenerate Pennine Lancashire and Winning Pitch with £3.6m of the funding provided by the European Regional Development Fund (ERDF).

Support for businesses will come through the hub funding package and through associated initiatives. This support will include:

* Access to a world-class programme of management and leadership development through leading business and academic thinkers.

* Support for businesses who want to develop their workforce. * Help for businesses seeking accommodation.

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