At NBSL we meet with lots of businesses and we're frequently asked what funding options are available to businesses in the North East. So we decided to pull together a Rough Guide to funding support in the North East – we hope you find it useful. We've also included some tips on how to keep up to date with the latest funding news.

This Rough Guide does come with a few health warnings:

  • This is NBSL's understanding of the offers available at the moment – for full information please investigate further with the relevant fund managers.
  • Support offers do change frequently – something that is available this month may not be next month.
  • We've only included offers that are available widely to trading businesses across the North East.
  • We've only included grant funding for expert support not capital or loan funding options.

Current North East Business Funding:

OfferMain eligibilityContact

Up to 40% Funding for business development projects – web development, process improvement, marketing strategy etc

Maximum funding of £1,400 exclusive of VAT (e.g. £3500 project value)

SMEs* based in North East with growth plans

Mainly B2B but some B2Cs can be supported

Fund details - www.nbsl.org.uk/how-we-can-help/growing-your-business

15 minute Online Application - www.nbsl.org.uk/nebsf-application

Phone – 01670 813322

OfferMain eligibilityContact

Free programme:

  • Access to Rural Enterprise Development Officer
  • Business development workshops - online marketing etc
  • Limited 12 hour 1 to 1 consultancy fund for Growth businesses (mainly B2B) – marketing, strategy, finance etc

Rural Based SMEs* in Northumberland, Gateshead and County Durham.

Phone: 01670 813322

E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Web: www.nbsl.org.uk/rural-growth-network

OfferMain eligibilityContact

30-40% Funding for business development projects – web development, process improvement, marketing strategy etc

Project values from £3,750 - £10,000

SMEs* based in North East planning to grow - B2B only

0191 426 6408

www.investment4growth.co.uk

OfferMain eligibilityContact

Expert help and guidance to develop and implement your innovation plans.

Access to industry experts and suppliers

Project Funding – up to 40% of project costs

SMEs* based in North East planning to grow.

0191 516 6021

This email address is being protected from spambots. You need JavaScript enabled to view it.

www.ne-bic.co.uk/innovation

OfferMain eligibilityContact

Access to an experienced business coach to help achieve business growth plans.

Leadership and Management fund – 50% funding up to £2000 per person any investment made in training the management team.

Free access to a rolling programme of workshops or masterclasses

Programme value of £3500

Costs - 0-4 employees - £600 / 5-49 employees - £1500 / 50-250 employees - £3000

SMEs* in North East with projected growth rates of 20% per annum over the next 3 years

RTC North:

0191 5164400

This email address is being protected from spambots. You need JavaScript enabled to view it.

http://www.rtcnorth.co.uk/ga/

Winning Pitch:

0844 463 2995

This email address is being protected from spambots. You need JavaScript enabled to view it.

www.growthaccelerator.com

OfferMain eligibilityContact

Free Manufacturing review & advice

Up to 50% funding (£300-£3000 ) towards your business improvement project e.g.

  • Lean, 5S, continuous improvement
  • Getting systems in place for ISO 9001, 14001 and other industry standards
  • Consultancy to improve product design
  • Design for manufacture and assembly

SME* Manufacturers based in England

0845 658 9600

This email address is being protected from spambots. You need JavaScript enabled to view it.

http://www.mymas.org/

OfferMain eligibilityContact

Provide expert trade advice and practical support to UK-based companies who want to grow their business overseas

Potential access to grants for Trade Shows and Export Missions

SMEs* currently, or planning to, export products or services abroad

0845 05 05 054

This email address is being protected from spambots. You need JavaScript enabled to view it.

www.gov.uk/government/collections/uk-trade-and-investment-services-for-exporters

* An SME is a small or medium sized enterprise which is defined as a trading business with fewer than 250 full time equivalent staff with a turnover of less than €50 million and a Balance Sheet value of less than €43 million.

Keep up to date

The North East Access to Finance Guide - www.nea2fguide.co.uk/ - is an excellent resource detailing a vast rage of funding and business support offers right across the North East. The site includes a very easy to use online search facility.

Rather than hunting for relevant information there are ways to make sure you hear about new funds as they are announced:

E-Newsletters

Twitter – Who to follow

We hope this helps but if you ever do have a query about funding support in the North East call us on 01670 813322 or email us at This email address is being protected from spambots. You need JavaScript enabled to view it.

Providers

Register your business as an NBSL provider and stay up to date with the latest funding information.

If you provide business support services like marketing, business planning, human resources or financial planning find out how you could register with us to offer a grant of up to £2800 to your clients for work that you do for them.

Find out more

Our Programmes

From start up to growth.

Our unique support programmes can provide help no matter what stage your business is at.