Funding for Businesses in North East England

Category: Community Board

By Janice

17/07/2017

NBSL are an enterprise agency based in Northumberland. They run funding programmes that provide grants for business improvement to help businesses in North-East England.

If you run a business based in Northumberland, Tyne and Wear or County Durham with plans to grow turnover and/or employ more staff, you may be able to access funding from the North East Business Support Fund.

Start by filling out an online application and after a fairly straightforward process including a visit from a NBSL advisor, you’ll be able to claim your funding.

To be eligible for a Grant, your business must be based in one of the following North East Local Authority areas:

- Northumberland, Newcastle, Gateshead, North Tyneside, South Tyneside, County Durham or Sunderland.

A range of projects are covered by this North East business funding, but they must cost between £3,000 and £8,000 and will attract up to 35% funding (a maximum grant of £2800). Listed below are the main types of project that are eligible for the grant - if you've got a project in mind that's not on the list, get in touch with NBSL and they’ll try to help.

Business growth planning, Strategy Development, Change Management, Business Expansion Planning, Product development / diversification, Developing Quality Management Systems, Process improvement systems, Financial restructuring, Marketing planning, Web design / development, Accessing new markets, Succession planning, HR Strategy planning and development, Design costs for marketing