The Health Tech Hub has received funding from 2 organisations, the Local Growth Fund and the European Regional Development Fund (ERDF). Funding received from the ERDF is part of the European Structural and Investment Funds (ESIF) Growth Programme 2014-2020. The Department for Communities and Local Government (DCLG) is the programme’s Managing Authority. Established by the European Union, the ERDF helps local areas stimulate their economic development by investing in projects that support innovation, businesses, job creation and local community regeneration.