Tees Valley Unlimited showcases region to potential investors (From The Northern Echo)
Send us your pictures, video, news and views by texting NORTHERN ECHO to 80360 or email us
Tees Valley Unlimited showcases region to potential investors
8:00am Thursday 9th February 2012 in North-East Business News
LOCAL enterprise partnership Tees Valley Unlimited (TVU) has been in London to promote the region to potential investors.
Following its success in securing cash from the first two rounds of the Regional Growth Fund (RGF) TVU is casting its net wide as it bids to bring more private sector jobs to the Tees Valley.
It held two briefings; one for investors and a second, at the Palace of Westminster, which was attended by ministers, MPs and peers.
"A new economy is taking shape in Tees Valley and it is vital to the rebalancing of the UK economy that it succeeds," said TVU managing director Stephen Catchpole.
"As such, it is important that we engage with potential investors, key stakeholders and those at the heart of government to appraise them of our progress and what future opportunities are emerging within the Tees Valley area."
Mr Catchpole added: "It is imperative that as wide an audience as possible is made aware of the business opportunities that are emerging in the area."
TVU helped secure 68.3m for 20 projects from the first two rounds of the governments flagship enterprise fund. Match funding from the private sector is expected to attract an additional 400m and create and safeguard more than 5,000 jobs across the region.
Bidding is set to open for RGF Round 3 in the upcoming weeks. Following its success in securing cash from the first two rounds of the Regional Growth Fund (RGF) TVU is casting its net wide as it bids to bring more private sector jobs to the Tees Valley.
It held two briefings; one for investors and a second, at the Palace of Westminster, which was attended by ministers, MPs and peers.
"A new economy is taking shape in Tees Valley and it is vital to the rebalancing of the UK economy that it succeeds," said TVU managing director Stephen Catchpole.
"As such, it is important that we engage with potential investors, key stakeholders and those at the heart of government to appraise them of our progress and what future opportunities are emerging within the Tees Valley area."
Mr Catchpole added: "It is imperative that as wide an audience as possible is made aware of the business opportunities that are emerging in the area."
TVU helped secure £68.3m for 20 projects from the first two rounds of the governments flagship enterprise fund. Match funding from the private sector is expected to attract an additional £400m and create and safeguard more than 5,000 jobs across the region.
Bidding is set to open for RGF Round 3 in the upcoming weeks.
