Supporting businesses in the city region to grow is a major part of Sheffield City Region’s work – and our Business Investment Fund has £52million to invest in businesses that demonstrate growth or the potential to grow.
Investment of almost £19m has been made to date, to help businesses unlock investment in activity that helps their business to grow, become more productive and recruit new employees. We’ve helped businesses large and small through the fund; and alongside our Growth Hub Access to Finance support and investment of SCR funding in the Northern Powerhouse Investment Fund we’re contributing to the development of a wide-ranging market for financial products.
The Business Investment Fund includes a contribution from the Government’s Local Growth Fund resources which is part of the Government’s continued investment in the Northern Powerhouse.
Businesses can find out more about how to access the fund through the here