Small Businesses: South Northamptonshire
The question
To ask the Secretary of State for Business and Trade, whether he has made an assessment of the potential merits of extending the British Business Bank’s Cluster Champions programme to help support high-growth SMEs in South Northamptonshire.
Answered by Gareth Thomas
The Cluster Champions programme is designed to provide up to £100 million of additional targeted investment to businesses in the eight Industrial Strategy sectors in ten clusters located in city regions across the whole of the UK. While not part of the clusters, high-growth SMEs in South Northamptonshire benefit from access to the £400 million Midlands Engine Investment Fund II, which provides debt and equity finance to businesses across the Midlands.
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