Chamber comments on RGF results

19th October 2012

Reacting to the news that the Sheffield City Region LEP has secured £25m in RGF funding, Richard Wright, Executive Director of SCCI, said: "We are very pleased this application has been approved because, for the first time, it opens up Regional Growth Fund money to the SME's which are so important to our region.

The Chamber worked hard with the LEP to help put this together and we acknowledge the role of the Sheffield City Council in accepting responsibility as the accountable body for what is actually a regional program. -Growth to create wealth and jobs is still the most important objective for us all or we will continue to trade at a deficit, and be left arguing over an ever decreasing pot of money. Recent public sector cuts made in an attempt to remove our deficit have caused us all to make some hard decisions. We see the affects in the private sector! Unless we create wealth there will be more to come!"