Businesses across South Tyneside are being urged to look at the North East Business Support Fund for grant support as it enters its final year of operation.
The North East Business Support Fund can offer up to 35% grant funding for projects costing between £3,000 and £8,000 and help towards the cost of improving business efficiency or growth. Funding could be used towards the cost of a project that brings in almost any external expertise to help move the business forward – from marketing and web design specialists to financial or human resource consultants.
After ten years of providing grants to 1000s of North East businesses thanks to European funding, NBSL are recommending that applications for grants are submitted as soon as possible to ensure swift support as demand is likely to be high and final end dates may be bought forward dependent on fund allocation.
A further 195 businesses based in Tyne & Wear and Northumberland can be supported during this final year and NBSL will be proactively targeting at Business-to-Business organisations in the remaining months of the programme.
With the refreshed website offering easy to understand eligibility criteria, a simple funding process and client case studies, online applications take less than 15 minutes to complete and grants could be approved within 10 working days.
As one of the most popular business support programmes in the region, the North East Business Support Fund has been helping North East businesses to grow and develop for over a decade and is delivered by expert grant managers, NBSL. The Fund operates in Northumberland, Tyne & Wear and Durham and is part financed by the European Regional Development Fund (ERDF) and Northern Powerhouse.
The dedicated area for South Tyneside businesses can be found on the website for the North East Business Support Fund can be found at https://nebsf.co.uk/grant-funding/business-grants-in-tyne-and-wear/
Representatives from The North East Business Support Fund will be available to speak to businesses at the launch of event of South Tyneside Business Week on Monday 13 June.
