19 February 2013
Enterprise M3 launches new round of Growing Enterprise Fund
£10 million available to kick start jobs and growth through local growth fund - invitation to bid
A new round of the Growing Enterprise Fund launched this week and we are inviting organisations, across the Enterprise M3 area, to bid for a share of the £10million pot earmarked for projects helping to create housing and jobs for local people.
The Growing Enterprise Fund was established last year by Enterprise M3, the Local Enterprise Partnership for the wider M3 corridor, to kick start infrastructure and other projects that will drive economic growth in the mid and north Hampshire and south west Surrey areas.
Projects that are suitable for funding from the Growing Enterprise Fund are those that will:
- Deliver economic growth, especially jobs and housing
- Enable development where there is proven demand
- Kick start or bring forward development
- Be delivered, and soon
- Repay the loan quickly
- Offer value for money
Does your organisation have a potential project that may be eligible for the Fund?
If so, please download the Growing Enterprise Fund Prospectus and supporting documentation now available on the Enterprise M3 website.
You are also encouraged to contact Rachel Barker at [email protected] as soon as possible to discuss its suitability and what Enterprise M3 can do to support your application. The first closing date for expressions of interest is Thursday 21 March, with additional dates throughout the year until the fund is allocated.
Further details can be found on the Enterprise M3 website.
