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Business: Lincolnshire

Asked by Sir John HayesConservativeDepartment for Business and TradeTabled Answered 15 October 2024UIN 5862

The question

To ask the Secretary of State for Business and Trade, what steps his Department is taking to promote investment opportunities for businesses based in Lincolnshire.

Answered by Gareth Thomas

The Government-owned British Business Bank supports business investment across the UK including through its Nations and Regions Investment Funds. This includes the £400m Midlands Engine Investment Fund II, supporting growing businesses across the Midlands.

Our Growth Hub network, including Business Lincolnshire Growth Hub, supports businesses of all sizes and sectors across England throughout their business journey. The Department for Business and Trade works across the UK, including Greater Lincolnshire, to showcase strong commercial investment opportunities to potential investors and support business to grow. The Government has also agreed a £720 million investment fund as part of the devolution deal for Greater Lincolnshire to support growth and business investment.

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