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A Lytham company and a Blackburn-based growth programme have both been selected to receive funding packages by deputy prime minister Nick Clegg.
The first is Accelerating Business Growth PLUS (ABG+) which will provide mid-sized businesses with access to finance to accelerate their growth ambitions. The funding will create 500 new jobs in Lancashire and safeguard a further 250.
The Lancashire Local Enterprise Partnership (LEP) Board supported the bid. LEP board member and chairman of Regenerate Dennis Mendoros said: “Regenerate is now able to provide support for all sizes of businesses across Lancashire with growth ambition. This will be provide huge boost to our local economy and help create hundreds of jobs in growing industries.”
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