Plymouth University and the Western Morning News received a RGF allocation of £1m to provide grants to SMEs and promote local growth.
Plymouth University and the Western Morning News received £1 million from the Regional Growth Fund (RGF) in August 2011 for a programme driving local growth through grants to small and medium-sized businesses from Truro to Exeter. The programme has made 20 awards at an average of £46,000 and had created 71 jobs by November 2012. At least another 15 jobs are likely to be created by March 2013.
For further information on on the RGF, see Understanding the Regional Growth Fund.