North of Tyne Growth Fund

Grant funding for business growth projects that lead to job creation.

• From: Department for Business and Trade
• Published: 10 June 2020
• Last updated: 18 July 2022 — See all updates

• Type of support: Finance, Grant, Expertise and advice
• Business stage: Start-ups (1-2 years trading), Established
• Industry: Construction, IT, digital and creative, Life Sciences, Manufacturing, Science and technology, Service industries, Transport and distribution, Travel and leisure
• Number of employees: 0 to 9 employees, 10 to 249 employees
• Region: North East

Who it’s for

Small and medium-sized businesses planning an expansion project with eligible expenditure of at least £67,000.

Location

Newcastle, North Tyneside and Northumberland.

What you can get

A capital grant of between £20,000 and £200,000 to cover up to 30% of eligible expenditure. All projects must lead to additional employment in the business (at least 2 additional full time jobs).

ERDF criteria applies, speak to the provider to discuss your specific project. You can also express your interest using the online form.

on the North of Tyne Growth Fund website

Published 10 June 2020
Last updated 18 July 2022 + show all updates

1. 18 July 2022

   Expenditure and grant size amended.

2. 10 June 2020

   First published.