Growth and Innovation Fund update


Following the March launch of the £50m Growth and Innovation Fund (GIF) a successful workshop for potential applicants was held with over 100 people attending. Eligible organisations are currently developing their applications. Our delivery partners, the UK Commission for Employment and Skills and the Skills Funding Agency, report strong interest and numerous enquiries across the three strands: Best Market Solutions, Joint Investment Programme and National Skills Academies. The deadline for receipt of applications is 3 June. A GIF Board, chaired by Charlie Mayfield, the chair of the UK Commission for Employment and Skills, will meet on 13 July. After that, BIS will announce which applications have been successful in this first round of GIF bidding. We expect an announcement on the timing of a second round of GIF applications in the autumn.Further information on GIF can be found at



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