New round of funding for Northamptonshire businesses

Northamptonshire County Council, the University of Northampton and the Northamptonshire Growth Hub have launched a new round of funding under the Ready2Grow project.

The Major Growth Investment Grant (MGIG) is part of the Ready2Grow business support project which is partly funded by the European Regional Development Fund.

MGIG offers grants from £10,000 to £25,000 to small and medium sized enterprises (SMEs), enabling investment in the business to spur business development and growth, and create new jobs.

Andre Gonzalez De Savage, county council cabinet member for strategic infrastructure and economic development, said: “I’m delighted to announce the first open call of the MGIG funding from August 21, 2017.

“This initiative will use ERDF funding to make sound investments in those small and medium sized enterprises which form the cornerstone of the recovering county economy.

“We’re seeing some very real progress here in Northamptonshire and I’m confident of our continued success on the journey towards prosperity.”

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