RGF funding announcement – NECC

Commenting on today’s announcement regarding Regional Growth Fund awards, James Ramsbotham, chief executive of the North East Chamber of Commerce, said:

 “Collectively, the successful bids from the North East make up a sizeable amount of the total Regional Growth Fund awards to date. NECC is delighted that this investment is going to business-led initiatives that are focused on company growth and creating sustainable employment. The projects that have won backing are at the core of the region’s economic strengths and future growth areas which is extremely positive.

 “We need to learn from the projects that have been successful this time so that we focus on the right priorities and enter bids for the next funding round that are equally good, if not better. This is particularly important as there will be a larger amount of money that will be distributed next time and there is an opportunity to develop programmes for long term investment.”

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