The UK enjoys strong government support for new industrial developments, particularly those moving to a low carbon future.
The Department for Business, Innovation and Skills (BIS) has supported UK business with several initiatives to encourage investment and innovation and there has been a dynamic and coherent approach in government to maximising the value of the transition to a low carbon economy.
Regional Growth Fund
The Regional Growth Fund (RGF) is now a £2.4bn fund operating across England from 2011 to 2015. It supports projects and programmes that lever private sector investment to create economic growth and sustainable employment. It aims particularly to help those areas and communities which were dependent on the public sector to make the transition to sustainable private sector-led growth and prosperity.
Find out more: Regional Growth Fund website (BIS)
Advanced Manufacturing Supply Chain Initiative
This is a national initiative with a fund of up to £125m to create more competitive supply chains, sustain or create new employment opportunities, and create better synergies and sustained collaborative relationships throughout supply chains that participate in this initiative.
Find out more: Advanced Manufacturing Supply Chain Initiative website (TSB)
Business Growth Fund
Business Growth Fund (BGF) is a champion for UK business, making long term capital investments of £2 million to £10 million in ambitious companies, typically turning over £5 million to £100 million.
Find out more: Business Growth Fund website