Director Andy McKenzie greeted the Skills and Enterprise Minister and demonstrated new equipment
Skills and Enterprise Minister, Matthew Hancock, has visited signs and graphics experts Hollywood Monster to mark the announcement of over £30 million support for West Midlands businesses.
In Round 5 of the Government’s Regional Growth Fund (RGF) a total of £31 million has been given to eight projects and programmes in the West Midlands. This is expected to raise £200 million of private investment and create and safeguard up to 4,000 jobs.
When added to the success of the first four rounds, this represents a total of £430 million of RGF funding for 69 projects and programmes in the West Midlands. This has raised £3.3 billion of private sector investment and will create and safeguard up to 114,000 jobs in the long-term.
Hollywood Monster, based in Tyseley, Birmingham, was awarded £100,000 in Round 2 of RGF to purchase new printing equipment and create eight jobs on site. The fund has been awarded new finance in Round 5 to extend the work it is doing and meet on-going demand for finance from local SMEs.
Hollywood Monster director Andy McKenzie greeted the Skills and Enterprise Minister and demonstrated how the new equipment is helping the company win new business in a variety of sectors.
Mr Hancock said, ‘News that companies and projects in the West Midlands have secured £31 million from Round 5 of the Regional Growth Fund is a real vote of confidence for the region.
‘This builds on the £400 million already committed from earlier rounds of the competitive fund which are helping leading businesses like graphics experts Hollywood Monster to grow and create vital new local jobs.’
