The manufacturer – whose brands include Regal, the Yorkshire Baker and The Baking Company – aims to use the money to expand its existing production site to manufacture Bombay Mix, creating 30 roles.
Regal Foods operations director Absar Younis said the business had identified a gap in the market for the product.
Funding from the LEP was delivered by the West Yorkshire Combined Authority, through the Leeds City Region Growth Deal – a £1bn package of Government investment to accelerate growth and create jobs across Leeds City Region.
The company has also received support from the LEP to invest in new technology, undertake an energy audit to identify ways to save money and reduce carbon emissions.
Chair of the Leeds City Region Enterprise Partnership Roger Marsh added: “Helping businesses to grow and to create jobs will be beneficial to our region’s recovery from the pandemic as we begin to rebuild a more inclusive and sustainable economy.”
Established in 2001, Regal Foods started life targeting South Asian consumers and selling to small corner grocery stores. The manufacturer has since grow into a multi-million pound international business exporting to more than 40 countries around the world.
Regal supplies to all the major supermarket chains in the UK and recently signed a deal to supply Lidl stores in the country as well.
The company is actively involved in the Bradford community and supports local initiatives, such as the sponsorship of junior football teams, ongoing donations to local foodbanks and charities and a recent partnership with the Yorkshire County Cricket club to support youth development.
Meanwhile, UK distilleries are to benefit from a £10m fund to help them go green by switching to low carbon fuels and to support the creation of new jobs.