Regional growth crafts 162 jobs

Two recipients of Regional Growth Fund (RGF) grants will create 162 jobs across two projects, it has been announced this week.

Two recipients of Regional Growth Fund (RGF) grants will create 162 jobs across two projects, it has been announced this week.

Earlier this week, Middleport Pottery – the UK’s last working Victorian pottery – was awarded an RGF grant of £1.7m alongside £5m further funding, which will create more than 100 new jobs in Stoke-on-Trent.

Today, £1.6m of RGF money is supplementing £7.2m of funding from pharmaceutical development consultancy Molecular Profiles to create 62 new jobs at the company.

The first £450m of RGF is due to create around 27,000 direct jobs and another 100,000 supply chain roles across a number of years.

Just under £1bn of RGF money remains, with applications for the second round of grants closing 1 July and currently under ministerial consideration.

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