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Regional Growth Fund


The Regional Growth Fund (RGF) is now a £2.4bn fund operating across England from 2011 to 2015. It supports projects and programmes that lever private sector investment to create economic growth and sustainable employment. It aims particularly to help those areas and communities which were dependent on the public sector to make the transition to sustainable private sector-led growth and prosperity.

Round 3 of the Regional Growth Fund (RGF) is now open: £1bn is available for this round.

The first two rounds have been very successful - conditional allocations were made to 176 bidders which will leverage over £7.5bn of private sector leverage and deliver around 330,000 jobs.

For an opportunity to access the RGF, send in your completed application form and supporting documentation by the closing date of 13 June to rgfround3applications@bis.gsi.gov.uk 


The Chancellor announced in his Autumn Statement (November 2011) that “the Government will increase the Regional Growth Fund for England by £1 billion, and extend it into 2014–15, to provide ongoing support to grow the private sector in areas currently dependent on the public sector.”

The following pages will explain what the fund is, who has successful bid for RGF so far and details of what is happening next.

How to apply

The application process for the Regional Growth Fund is now open.

For bidding guidance and our application forms please visit the how to apply section

For help with your bid and more information about the RGF process please see the regional events section and the Glossary

In December, Nick Clegg announced that the next round of bidding for RGF will open in February. We will keep this site updated with all the information you will need to bid, as soon as round three opens.

Please see our How to apply section to review existing bidding guidance.

Need some help?

Please see our Frequently Asked Questions for answers to the most common queries regarding the Fund or use our contacts section to find local help for your queries.

 

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