Northumberland Small Business Service capital grant which can support eligible businesses with clear growth plans to access direct capital investment to expand productive capacity or diversify into new markets or products.

Available to all Micro and Small businesses / enterprises (Turnover less than £10m and less than 50 employees) located within rural Northumberland (as defined by UKSPF Rural England Prosperity Fund Boundary). The capital grant offers 40% intervention rate for eligible businesses.

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Business Growth Fund provides capital grant funding to support businesses looking to expand or establish new operations in Northumberland and the wider North East.

£3.5m programme funded by the UK Shared Prosperity fund to support growth. Businesses could be eligible for a grant of up to 30% expenditure if you have a project that could not proceed without grant support; are planning capital investment of at least £67,000; are expanding or establishing in Northumberland/North East England.

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TESTIMONIAL

We are excited to embark on the next phase of our growth journey, which will help us tap into new, expanding markets and industrial sectors. I’d like to extend our sincere thanks to Business Northumberland – the newly established business support service from Northumberland County Council in helping us achieve our goals.

Andrew Pearson

Managing Director of Clifton Engineering

NSBS was one of the first people I contacted for support with my new business venture. (they) highlighted all of the possible opportunities and he explained the options available in a way that was easy to understand. The process was straightforward and efficient and I received invaluable guidance on preparing a strong grant application. As a result, Claire at Aspin Aesthetics was awarded a start-up grant. This has really helped my growth and planning over the next six months. Northumberland Small Business Service, especially Chris, are easy to recommend with expert advice, training and funding opportunities.

Claire Turnbull

Aspin Aesthetics

I contacted (NSBS) at Business Northumberland when looking for help with my new business start-up. (They) advised me of not only the opportunities available within his department, but also signposted me to other funding that was available. The process was quick and easy, we were given advice for putting together a successful grant application and have since been approved for two start up grants which has transformed the launch and speed of development of Laughing Sisters. I would highly recommend getting in touch with Business Northumberland - there is nothing to lose and lots to gain from advice and training to funding.

Natalie Wood

Laughing Sisters

It is an absolute privilege to work in Northumberland, developing medicines to ultimately benefit patients as well as being part of of community where we can share our interest in science and innovation.

Stephen Byard

Principal Research Fellow of Quotient Sciences