Listed below are the main sources of funding, but this is not intended as a comprehensive list. Please check eligibility before making any commitments.

Support from Middlesbrough Council

There are a number of financial incentives available from Middlesbrough Council towards new business start-ups, existing indigenous businesses, and new inward investors.

Regional support

One North East, the regional development agency for the north east, offer grant support to businesses investing in the Middlesbrough area via the selective finance for investment (SFI) programme. This is a discretionary grant available to domestic companies opening a new plant, expanding or modernising an existing plant and also available to inward investors. The aim of the grant is to encourage investment in projects that lead to long-term improvements in productivity, skills and employment. For further information contact One North East on 0191 2296200 or the Middlesbrough Council business support team.

Start Up Grant

This grant is intended to promote and support new business entrepreneuship in Middlesbrough.  The grant is only available to residents within the Neighbourhood Renewal Areas of Middlesbrough.  The grant is available to new businesses that are in the process of starting up or are in their first four weeks of trading.  The grant is subject to available funding and up to a maximum of £500. 

Capital Grant

The grant is available for businesses based or planning to move to Middlesbrough and which have been trading for less than three years.  This grant can be used to help buy capital items that are essential to grow the business.  Funding is available between £1000 and £5000 on a 50/50 basis i.e. your business must match any grant award.  The business must be creating one new job. 

The Business Support team can also help sign post you to other sources of financial assistance from other sources, including equity, loan and grant schemes available from the likes of UK Steel enterprise, NEL, Carbon trust, etc. Please contact us on 01642 729007, e-mail: businesssupport@middlesbrough.gov.uk

Business link north east

Business link north east can provide a wide range of practical help and advice for business including funding availability via a grant search. For further information contact Business link on 0845 806666 or view their website by folling the link to right in 'external links'.