Following a competitive process, the North East has secured one of only six awards to regional partnerships across the UK to deliver the Create Growth Programme.
What is the Create Growth Programme?
In 2020, the UK’s Creative Industries contributed c£95 billion in Gross Value Added (GVA) to the UK economy and employed more than 2.3 million people. The Government’s Department for Digital, Culture, Media and Sport (DCMS) recognise the benefit of sector specialist business support and, with foundations in the Industrial Strategy, has launched the Create Growth Programme.
A key aim of the Create Growth Programme is to support creative businesses to explore and secure commercial investment opportunities. To this end each of the selected regions will have a Programme of activity that will enable businesses to be ready for investment and facilitate access to additional funding from Innovate UK and commercial investors in 2023 and beyond.