Mayor Steve Rotheram’s successful £20m business fund extends funding period
Businesses in the Liverpool City Region could be eligible to apply for a share of a £20m investment fund that has been extended by Mayor Steve Rotheram.
The Flexible Growth Fund was established by Mayor Rotheram with £20m in 2020, offering flexible, low-interest loans that businesses can access quickly and easily within 10 weeks.
The funding is part of the Mayor’s Business Growth Package, the largest set of business support funding the region has seen in decades. This is in addition to the £200m business support package delivered during and after COVID to help keep the economy afloat and help local companies to survive and grow.
Steve Rotheram, Mayor of the Liverpool City Region, said:
“SMEs are the engine of our region’s economy, contributing millions of pounds and creating tens of thousands of jobs for local people. I see the value that businesses bring to our area, the opportunities they create for people to get on in life – and the positive impact they have on the communities they operate in.
“That’s why I want to ensure that we’re helping to put them in the best position to succeed – because we know that when local businesses are given the support they need to thrive, the rest of our economy flourishes too. Dozens of SMEs have benefitted from our funding so far and it’s because of its high success rate that we can offer even more business owners the helping hand they need to take their company to the next level.”
For more news from Liverpool City Region’s Growth Platform click HERE.