New Grant Fund Launched – North of Tyne Business Support Fund

This project is part-funded by the Government’s UK Shared Prosperity Fund through the North of Tyne Combined Authority and is now administered by the North East Combined Authority; it has been designed to drive economic growth by helping businesses to access external expertise to implement business growth and improvement plans.

The Fund covers up to 50% of eligible business spend and grants are available to support projects costing between £3,000 and £8,000 (excluding VAT) – for more information on the type of projects we could support, click here.

Business eligibility
Your business may be eligible for funding if it’s a trading SME based in the North of Tyne Combined Authority catchment area.  Read the full business eligibility criteria.

Project eligibility
You can use the grant for most types of business support where external expertise will help your business to grow or become more resilient.  See the full project eligibility criteria.

Funding process
Accessing the North of Tyne Business Support Fund is very straightforward – you could have a decision on your grant application within a few weeks.  See the steps in the funding process.

Apply for a grant
We’ll need to know some details about your business, the project you’d like to fund with a North of Tyne Business Support Fund grant and how it will help.  Take me to the form.

Delivered by NBSL, this project is funded by the UK Government through the UK Shared Prosperity Fund.

The UK Shared Prosperity Fund is a central pillar of the UK Government’s Levelling Up agenda and provides £2.6 billion of funding for local investment by March 2025.  The Fund aims to improve pride in place and increase life chances across the UK investing in communities and place, supporting local business, and people and skills.  For more information, click here.

NBSL, 6 Esther Court, Wansbeck Business Park, Rotary Parkway, Ashington, Northumberland, NE63 8AP
Telephone: 01670 81 33 22
Email: info@nbsl.org.uk


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