Million-pound funding pot will create new jobs
Lincoln businesses will benefit from up to £1 million of funding to create new jobs and grow the local economy.
The Lincoln Growth Fund (LGF) has been launched after a successful bid to the Government’s Regional Growth Fund from the University of Lincoln, with partners the Lincolnshire Echo and Lincolnshire Co-operative.
Delivered by the University, on behalf of the world-class Lincoln Science and Innovation Park (LSIP), the LGF aims to create 135 jobs and provide grants averaging £50,000 to around 20 businesses in the city.
Professor Mary Stuart, Vice Chancellor at the University of Lincoln, said the LGF cemented the institution’s key role in securing and promoting the economic well-being of Lincoln and the wider region.