Regional roadshow will help firms to apply for cash bids

GROWTH FUND Minister for Portsmouth Michael Fallon
GROWTH FUND Minister for Portsmouth Michael Fallon
Ali Rupani, middle, with the staff at the new Warrens Bakery in Gosport High Street. Picture: David George PPP-180703-115303001

Bakery launch is hailed as a success

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A REGIONAL Growth Fund roadshow will stop in Portsmouth next month to help businesses seeking financial support from the government.

Firms in the south east can bid for a share of £200m in round six of the growth fund.

The government is investing £170m from the first five rounds of the fund in the south east, which is supporting 30 projects and programmes across the region, to create and safeguard thousands of jobs and stimulate £1.1bn of private sector investment.

Minister for Portsmouth Michael Fallon said: ‘The Regional Growth Fund is having an impact in Portsmouth, boosting skills training in the area and helping entrepreneurial businesses to deliver their plans for growth, win new contracts and create jobs.

‘I’d urge businesses in Portsmouth who want to expand to come forward and bid for a share of the £200m that is available in the latest round of the fund.’

Round six is open to private sector bidders seeking £1 million or more.

An event on August 6 will be held at the University of Portsmouth’s Richmond Building in Portland Street, to help potential bidders.

It will start at 10am.

To register for a roadshow, email, including the word ‘Portsmouth’.

Businesses will be able to submit their bids to the Department for Business, Innovation and Skills until noon on September 30.