North of Tyne Business Support Fund

We are a registered provider of the North of Tyne Business Support Fund. This new grant programme is designed for growing businesses in Newcastle, Northumberland and North Tyneside.

North East Business Development Fund

Get up to 50% towards your next project

This project is part-funded by the Government’s UK Shared Prosperity Fund through the North of Tyne Combined Authority and is now administered by the North East Combined Authority; it has been designed to drive economic growth by helping businesses to access external expertise to implement business growth and improvement plans.

The Fund covers up to 50% of eligible business spend and grants are available to support projects costing between £3,000 and £8,000 (excluding VAT).

  • Are you eligible for business funding?


    Your business must be based in the North of Tyne Combined Authority catchment area to be eligible for funding.


    Your business must be a Small to Medium Enterprise (SME) employing fewer than 250 people.

    Age of business

    To be eligible to apply, your business must be able to demonstrate that it has started to make sales of its main good/services.


    Your business must be planning to grow and must also be able to verify that it can cashflow the cost of the whole project prior to claiming the grant at the end.

    Type of business

    The programme can support private businesses, Social Enterprises and Third Sector Organisations. 

    Previous funding

    Your business must not have received more than £315,000 of previous funding since the 1st of April 2022.

    What projects can we help with?

    We can help with any project that is aimed at making more sales including Branding, Web Design, Web Development and Social Media.

    Projects must:

    • Support business growth i.e. create and/or safeguard jobs
    • Take no longer than 3 months to complete
    • Be completed, and the Grant claimed, by February 2025 at the very latest

    What's the process?

    1. Application form

    The grant funding application form asks for general information about your business and contact details for the person applying. They will ask about some basic past, current and future financial data; staff numbers and previous grant funding. Finally, they’ll need to know about the project you intend to complete and how it will benefit the business.

    2. Eligibility checks

    The NBSL team will assess your application to ensure the business is eligible for funding – the more detailed your application form, the less time this will take. If they need any further information to complete the assessment of your application, they’ll get in touch using the email address you supplied on your application form. They’ll also make an initial assessment on whether your proposed project meets the criteria.

    3. Adviser call

    One of the NSBL Advisers will call to discuss your application, explore your proposed project and gather the information we need to complete your funding contract paperwork. On the basis of the call, they will make a final decision on whether the project qualifies for the fund.

    4. Contract issue

    You must not start any work with us or make any payments before you receive your contract. Your funding contract and supporting paperwork will be sent out to you by NBSL – you’ll need to read the full document pack and sign electronically where required. As soon as you’ve signed the contract, we can get to work!

    5. Grant claim

    Once our work is complete and paid in full, you’ll need to provide your claim evidence to NBSL so that they can process your claim. Once they’ve got all of the evidence, they’ll pay your grant within 30 days.

    Speak to us about
    funding your next project

    Drop us a line, we would love to hear from you about your bright idea!

    +44 0191 440 6448


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