In order to access our full support programme, companies must fulfil the following eligibility criteria:
Small to Medium Sized Enterprise of up to 250 employees and have either an annual turnover not exceeding 50 million euro. OR an annual balance sheet total not exceeding 43 million euro.
Trading address in Northumberland or within the wider North East LEP region (Newcastle, North Tyneside, South Tyneside, Gateshead and Sunderland) excluding Durham.
The following sectors are ineligible for ERDF support:
Retail Capital investment in land buildings or infrastructure of any nature for use and/or occupation by retail businesses is not eligible.
ERDF cannot be applied in relation to activity that directly or indirectly is related to the building and decommissioning of nuclear power stations
Provision of local social welfare facilities e.g. hospitals, nursing homes, fire stations, child-minding facilities, sports facilities, parks, public libraries
Coastal protection, soil conservation and infrastructures; all with an exclusively agricultural bias, reforestation and prevention of forest fires, insofar as such infrastructures can be financed under EAFRD.
This does not include green infrastructure which is eligible under ERDF
That proportion of public expenditure incurred in land acquisition not directly linked to productive investment or investment in infrastructure.
Building and renovation of housing, except for energy efficiency improvements and renewable energy operations.
Major infrastructure in private sector ports, on the grounds that port developments and port operations should not need public subsidy. Furthermore, it could distort competition between ports. Subsidy tends to spread the problems caused by excess capacity and can be damaging to otherwise healthy neighbouring ports.
Agriculture and primary production.
Must have growth potential: to be demonstrated by an increase in turnover and/or the retention/creation of jobs
Must not have exceeded the De Minimis Aid (State Aid) maximum threshold of €200,000 (approx. £158,000) of aid over any continuous period of 3 fiscal years. Potentially, any funding and/or services you may have received from a public body will count towards the threshold
Our team will also be able to tell you more about the support available to you.