Grants for County Durham Businesses
SME’s based in County Durham could access up to 40% funding for business improvement projects costing between £2,500 and £8,000 (maximum grant of £3,200) – you can use the grant for almost any type of business support that will help your business to grow.
Time is running out – this programme will close in March 2023 so anyone considering applying is encouraged to do so soon
Please note: We will be proactively targeting Business-to-Business organisations (those that make the majority of their income from sales to other businesses) in the remaining months of the programme. Due to a limit on the number of Business-to-Consumer organisations (those that make the majority of their income from sales to individuals) that we can support, and the high level of recent demand, we can now only support the strongest Business-to-Consumer applications.
What types of project can we fund?
As long as the work involves using external expertise to improve your business, you could be eligible for a grant towards the cost.
Making more sales:
– Marketing strategy
– Web design/development
– Video and animation
– Social media
– Management systems
– Product development
– Process improvement
– Quality management
Planning for the future:
– Succession planning
– Business growth planning
– Financial restructuring
– Change management
Please note – The North East Business Support Fund is a retrospective grant i.e. businesses must be able to pay for the costs of their project and claim the Grant once everything is completed (all work complete and all payments to providers have been made). The funding cannot support projects that have already started (or have been completed) – you must not start your project or make any payments until you have received and signed your contract pack.
Is your business eligible to apply?
If you run a business based in County Durham with plans to grow turnover and/or employ more staff, you may be able to access funding from the North East Business Support Fund. Your business must be trading and classed as an SME – that means it must employ fewer than 250 people and have a turnover of less than €50M.
Want to know more – read the most Frequently Asked Questions
Ready to apply?
We like to keep things simple, it should only take about 15 minutes