With over 120 applications already received from clients in Durham keen to access the North East Business Support Fund, NBSL are expecting demand to be high for this popular Fund.
With only 240 businesses needed to be supported between now and 2023 across Durham, NBSL are urging businesses to identify projects that could help stabilise or support growth plans for the future and apply quickly.
NBSL operate the North East Business Support Fund (NEBS Fund) - part financed by the European Regional Development Fund (ERDF) – and are able to provide project-specific grants to growing businesses across County Durham.
John King, North East Business Support Manager, is advising businesses to talk to their service providers to ensure that their projects are making good use of the Durham element of the North East Business Support Fund whilst still available.
John said: “The idea, from the outset, was to provide small and medium sized businesses, not just with an easy to access funding to support project delivery, but to help them tap into a support network of experts in a variety of fields designed and delivered exclusively to make sure North East businesses succeed.
“We’ve made the application process simple, easy to understand and quick – taking around 15 minutes to complete. We even have advisors on hand to help ensure the process is as smooth as possible.”
“If you've got an idea for a project, but you're not sure if it's something the programme can fund, you’re just a click away – a dedicated funding advisor can call and talk you through the very simple application and funding process.”
The North East Business Support Fund (NEBSF) is part financed by the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020.
