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Closed consultation

Consultation on the Regional Growth Fund

From:
Department for Business, Innovation & Skills
Published:
23 July 2010

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

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Summary

Consultation paper seeking views on the design of the Regional Growth Fund, which was announced in the budget on 22 June 2010.

Documents

Consultation on the Regional Growth Fund

PDF, 154KB, 15 pages

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Regional growth fund: Government response to the consultation

PDF, 88.9KB, 16 pages

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Consultation description

The Coalition Agreement committed the Government to “create a fairer and more balanced economy, where we are not so dependent on a narrow range of economic sectors, and where new businesses and economic opportunities are more evenly shared between regions and industries.”

On 29 June, the Deputy Prime Minister launched a å£1 billion Regional Growth Fund to provide support for projects that offer significant potential for sustainable economic growth and can create new private sector employment. The fund will particularly help areas and communities currently dependent on the public sector make the transition to private sector led growth and prosperity.

This is an informal consultation that sets out the Government’s objectives for the fund and asks questions to support its detailed design.

The timing of the consultation has been aligned with the request already made for proposals on local enterprise partnerships and therefore closes on 6 September 2010.

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Download the government response

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Document information

Published: 23 July 2010

From: Department for Business, Innovation & Skills