West of England Growth Fund (WEGF) Round 2 Open to Applications

The £25 million West of England Growth Fund aims to bring about job creation and private sector investment that would otherwise not have happened, or that can be accelerated through public sector grant support.

Full details of Round 2 are available in our guidance and are summarised below:

*Applications can be made for between £10,000 and £80,000

*Applications must be for new and additional activity, or a combination of activities, that will enable companies to grow and employ new staff

*Applications can only be accepted from Small and Medium sized enterprises

*Grant funding will be released in arrears of expenditure and at a fixed rate of 20% of eligible expenditure incurred

*No funding can be released for any expenditure incurred after 31 March 2015

*Funding is made available under the European Commission De Minimis Regulation and is allocated as notified State Aid for economic activities

Applications can be made between 17th March and midnight on the 30th April 2014

For further details please visit www.westofenglandlep.co.uk

Source: West of England Local Enterprise Partnership, 07/04/2014