Regional Growth Fund money for development of key North West tourist attraction

Funding experts at the Manchester office of international accountancy firm Mazars are delighted to have played a critical part in releasing Regional Growth Fund cash for a North West tourist attraction.

Mazars were appointed by Lakeland Arts Trust, owners of the Windermere Steamboat Museum, in December 2012, to carry out the required due diligence on their application for a £1.25m grant Regional Growth Fund (RGF) from the Department of Business Innovation and Skills (BIS). The Museum, which has also attracted funding from the Heritage Lottery Fund, is being redeveloped as a world class visitor attraction and expects to attract over 100,000 visitors per year.
 
The support from RGF comes as a significant boost to Lakeland Arts Trust's ongoing fundraising campaign to support the project, which will help to secure 94 direct and indirect jobs, including 25 newly created posts at the museum.
 
Mazars have a national team who specialise in working with projects receiving grant funding, both European and UK funded and have recently assisted a number of other significant projects secure RGF money, including Alstom UK and TWI Ltd.
 
Partner and grant expert, Peter Cudlip, who led the work on behalf of Mazars said "We were thrilled when we learnt that the grant had been confirmed. The redevelopment of the Museum will undoubtedly be a major boost to the local economy,  creating new jobs, and providing us with yet another world class tourist attraction on our door step. We have a great relationship with BIS and have significant experience in successfully completing RGF due diligence assignments."
 
On the securing of the RGF grant, Gordon Watson, Chief Executive commented "We are delighted that the RGF grant has been confirmed. This is a major boost to the fundraising campaign and our aim to secure over £13m investment in Cumbria. The project will secure the future of the Museum and enable us to re-open it as a world-class attraction on Windermere."
 
For more information, contact Peter Cudlip, Partner, Mazars on +44 (0)7810 528518

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