We take a look at some other funding options available for North East businesses


Citylife Business Support

The Business & IP Centre Newcastle and NewcastleGateshead Initiative have developed a package of free support that will focus on enabling businesses to develop and implement new models of delivery to help them recover and plan for their future and this project will run until March 2021

Eligible SMEs can access:

• Up to 8 hours of free support from Business & IP Centre Newcastle (BIPC) ‘Citylife Experts’
• Workshops tailored to specific business needs
• A free events programme based on current business challenges, the funding landscape, resilience, and innovation
To be eligible for support from a CityLife expert, a business must be a small or medium-sized enterprise, located within the local authority areas of Newcastle, Northumberland or North Tyneside and have been trading before 11 March 2020.

Find out more here httpss://www.bipcnewcastle.co.uk/citylife-business-support/

SME restart and recovery grants Delivered by North East Growth Hub

Eligible SMEs in the Northumberland, Tyne and Wear or County Durham – businesses deemed to have been directly impacted by the coronavirus pandemic – will be able to apply for grants of between £1,000 and £3,000.

The funds can be used to:
• access one to one expert advice on HR, accounts, legal, financial, H&S, IT / digital or sector specialists etc.
• adopt new technology in order to continue to deliver a business activity or diversify in response to COVID 19.

Applications for this had been overwhelming so they have introduced a ballot system where you can apply via a simple form that will be made available for 36 hours for businesses to provide high-level information and they are asking for this information in phases across local authority areas.

The ballot for Newcastle based businesses opens on Wednesday 7th October at mid-day and closes on Thursday 8th October at midnight.

For more information on your local authority slot and who is eligible see httpss://www.northeastgrowthhub.co.uk/finance-and-funding/north-east-growth-hub-1/sme-restart-and-recovery-grants

Government Local lockdown/restrictions support

Businesses in England required to close due to local lockdowns or targeted restrictions will now be able to receive grants worth up to £1,500 every three weeks. To be eligible for the grant, a business must have been required to close due to local COVID-19 restrictions. Local authorities will be responsible for distributing the grants to businesses in circumstances where they are closed due to local interventions and each payment will be made for a 3 week lockdown period.



If anything you have read here has raised more questions, please feel free to give us a call on 0191 2460747 to see how we can help you.


If anything you have read here has raised more questions, please feel free to contact us to see how we can help.