Deputy prime minister Nick Clegg launches new round of regional growth fund - but how have Norfolk business fared so far?
PUBLISHED: 08:00 17 January 2013
Deputy prime minister Nick Clegg will today launch the latest round of the government’s regional growth fund.
Firms from across all sectors will have the chance to bid for a slice of the £350m funding pot, in the fourth round of the scheme which closes on March 20.
So far car maker Lotus has been the only Norfolk company to submit a successful bid - which subsequently stalled after the firm was taken over by new Malaysian owners DRB-Hicome last year.
Mr Clegg said: “We’ve made applying for the money as easy as possible – but today I am asking local companies from the Eastern England region to put in high quality bids to create jobs and grow. Crucially, we are looking for bids from companies who can have their projects up and running by the end of the year. To help companies apply, there will be a series of ‘expressions of interest’ events which will be announced soon.”