Looking for finance or funding
Banks and other lenders - find out from your bank what financial advice and assistance they provide.
Grants - this form of funding can be available through local authorities and other business support organisations. Middlesbrough Council no longer has a grant assistance scheme. The Access to Finance Guide gives an overview of grants/loans that are available.
Funding is also available through:
Who: DigitalCity Innovation (Teeside University) What they do: Support the development of the digital industries in the North East of England. What they offer: New package support offering skills and expertise to non-digital companies for free. The package consists of: initial contact meeting to discuss and identify your digital requirements, research and development of a tailored package of support, delivery of support package in the form of training, assessment of improved performance. Eligible SMEs must be based in the North East of England. Website: www.digitalcityinnovation.com/free-and-bespoke-support-for-non-digital-smes/ Contact: DigitalCity Innovation, Phoenix Building, Teesside University, TS1 3BA, Tel: 01642 738888 |
Who: Local Economic Partnership (LEP) / Tees Valley Unlimited (TVU) What they Do: Inward Investment What they Offer: Growing Places is a loan fund which supports capital projects that will create growth, job creation and remove barriers to development in the local economy. The £4million fund is open to all businesses, private developers, public sector & partner enterprises based in or looking to invest in Tees Valley (Darlington, Hartlepool, Middlesbrough, Redcar & Cleveland and Stockton-on-Tees. Application closing date: 30 April 2013 Contact: Please contact Christine Schott on 01642 524424 or email BIPTeam@teesvalleyunlimited.gov.uk |
Who: CVL Ltd What they do: Business Support for Social Enterprises/CIC's What they offer: Free business support to new and existing social enterprises helping embed a commercial, business minded culture that retains and prioritises its social values. The project aims to empower social enterprises to take advantage of market opportunities and improve their productivity, generating their own income and reducing dependence on grant income. Website: www.cvl.org.uk Contact: Bob Morrell 01642 230314 |
Who: Manufacturing Advisory Service |
Who: North East Access to Finance What they do: Co-ordinate and manage the re-deployment of legacies from the region's historical investment funds for the benefit of SMEs. What they offer: Equity funding, loans, grants, business support via the North East Access to Finance guide - available to download online. Website: http://www.nea2fguide.co.uk/ Contact: North East Access to Finance Limited, Level 10, Baltic Place West, NE8 3AE Email: tim.potts@nea2f.co.uk |
Who: Business Enterprise Group What they do: Investment for Growth What they offer: This programme is funded through the European Regional Development Fund (ERDF) for investment led growth plans. The fund will bring investment of around £10m into the economy providing 30/40% to eligible companies to undertake projects that will safeguard jobs (this will need to be business to business and not retail). Website: http://www.investment4growth.co.uk/ Contact: Paul Whitecross Tel: 07880 201440 |
Who: Santander What they do: Commitment to Business Finance What they offer: Support and access to finance for SME's Website: Santander-business-finance.co.uk Contact: Your local Santander branch |
Who: UK Steel Enterprise Ltd What they do: Work in steel areas across the UK assisting job and wealth creation by supporting small and medium enterprises with finance and premises. What they offer: Share capital packages, business loans up to £50k, Enterprise Finance Guarantee Scheme (EFG) Website: uksteelenterprise.co.uk Contact: The Innovation Centre, Vienna Court, Kirkleatham Business Park, Redcar, TS10 5SH. Tel: 01642 777888 |
Who: Business Innovation Centre (BIC) What they do: Support SME's in NE to achieve significant step changes in their performance through introduction of innovative strategies such as; processes, products, people, finance and markets. What they offer: assist companies through the innovation processes. Website: ne-bic.co.uk Contact: Tel: 0191 516 6021 Email: innovation@ne-bic.co.uk |
Who: 5 Lamps What they do: Offer personal loans. What they offer: Loans of up to £600 to financially excluded individuals across the NE. There is an online calculator. Website: fivelamps.co.uk Contact: To see if you are eligible tel: 0300 111 0556 Email: info@fivelamps.co.uk |
Who: Pinetree Trust What they do: Youth loans and grants. What they offer: Youth loan available to existing businesses under 1 year old and start-up businesses.The age range for youth loans is 18-30, with an expected average loan issued in the order of £2500. Website: northernpinetreetrust.co.uk Contact: Judith Nunn or Jonathan BoatmanTel: 0191 4928215 or 0191 4928219 |
Who: North East Business Support Fund What they do: Offer funding support to SME's based in North East. What they offer: Up to 40% funding available up to a maximum of £1400 for business improvement projects. Website: nbsl.org.uk Contact: Tel:01670 813322 |
Who: UK Finance for Growth Limited What they do: Finance for Growth Fund What they offer: SME's funds for finance and investment ranging from £25k-£10m Website: bis.gov.uk Contact: Funding seekers should refer to the Capital for Enterprise Limited capitalforenterprise.gov.uk |
Who: New Enterprise Allowance What they do: Run a programme through the job centre What they offer: Support/funding to people that have been on JSA for 26 weeks or more to startup a business. Contact: Tel: 01642 345213 |
Who: North East Finance What they do: Investment to support business growth. What they offer: £125m available through 7 investment funds designed to drive economic growth, specifically tailored for the North East. Contact: Teesside - Jane Reynolds Tel: 01740 665065/ mobile 07730 763045 |
Who: Lets Grow Fund What they do: Support projects and programmes that lever private sector investment to create economic growth and sustainable employment. What they offer: A range of partners i.e. Evening Gazette, Tees Valley Unlimited, Teesside University, BE Group involved to distribute £30m across the region to support business growth. Contact: Tel: 01642 524400 |
Who: Regional Growth Fund What they do: Support projects and programmes that lever private sector investment to create economic growth and sustainable employment. What they offer: A range of partners i.e. Evening Gazette, Tees Valley Unlimited, Teesside University, BE Group involved to distribute £30m across the region to support business growth. Contact: Tel: 01642 524400 |
