Gavin Williamson, MP for South Staffordshire, has urged local business to apply for Round 6 of the Regional Growth Fund, which has today opened for bids for a share of the £200 million available, to help them grow and create jobs.
Already £430 million of funding has been allocated to the West Midlands to 69 different bids, attracting £3.3 billion of private investment and supporting 114,000 jobs.
The £3.2 billion fund supports projects using private sector investment to create jobs and growth.
Gavin said: “This is a fantastic opportunity for businesses in South Staffordshire to apply for funding to help them grow and create jobs.
“The Fund is already supporting 114,000 jobs and £3.3 billion of private investment in the West Midlands and this new round will help businesses create even more opportunities for local residents.
“Creating more jobs by backing small businesses is a key part of the Conservatives’ long-term economic plan to secure a better and brighter future for Britain. Each new job this fund supports means another family with the security of a regular pay packet.”