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Local Businesses and Councils urged to apply for hundreds of millions in growth funding for the South East

The EU has approved hundreds of millions of funding for the South East this week aimed at boosting growth locally, helping small businesses and investing in green energy.

key_smallbusiness.jpgThe funding for the South East, worth nearly £288 million to the economy, was approved by the European Commission on Thursday this week.

Just under half (40%) of the funding will go on helping small businesses to provide support and enhance their competitiveness.

The funds are now available for local small businesses and local authorities to apply for by contacting your relevant Local Enterprise Partnership.

South East MEP Catherine Bearder MEP commented:

“This is brilliant news for the South East - and in particular small businesses which will receive a massive boost.

“It is now up to these businesses, councils and many other bodies to work with the Local Enterprise Partnership to secure the funds on offer.

“This is an example of the huge investment the EU makes in the UK, enabling us to direct funds where they are most needed.”

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