In 2007, the South West of England was awarded €124.7 million (just over £104m) from the European Regional Development Fund (ERDF) to invest in activities which would strengthen the economy by supporting the productivity of the region’s
ambitious businesses and encouraging enterprise. With match funding, the total committed by the Programme is £222m.
Promoting innovation and research and development
Supporting high value businesses to grow
Encouraging enterprise in the South West’s more deprived urban neighbourhoods
Invested in 100 projects across the South West
Worked with small and medium businesses right across the region
Over 11,000 businesses have been supported (receiving a minimum of 12 hours’ or £1000 assistance)
Over 5,200 jobs have been created or safeguarded
Nearly 5,000 individuals have been supported to explore starting up their own business
Take a look at their latest case history booklet
This booklet describes a cross-section of investments and explores how they have helped individuals and businesses.