Date posted: 17th Jun 2025
Business Growth Fund
Funded by the UK Shared Prosperity Fund, The Business Growth Fund offers grants for capital projects.
- Capital grants of between £25,000 and £300,000 are available at intervention rates of up to 30% of expenditure.
- Projects with expenditure of £66,666 upwards can potentially be supported.
- Eligible costs include plant, machinery, equipment, premises and fit out works.
- In return, the fund is looking for businesses to deliver outputs including job creation and safeguarding, productivity improvements and the adoption of new technologies.
- Projects must be complete by 31 March 2026
- Jobs must be in place by 30 September 2026
All the information you need on this fund is available at https://www.businessgrowth.fund/
Made Smarter
Manufacturing businesses with fewer than 250 staff can benefit from funded consultancy and grant support to assist with identifying and implementing digital technologies to drive efficiency in the manufacturing process.
- Grants of up to £20,000 towards technology implementation are available at intervention rates of up to 50%.
- Further grants of up to £3.5k towards access to expert technical advice are also available.
- The above is supported by expert consultancy, a bespoke digital roadmap and opportunities to attend workshops and networking events with other manufacturers.
Full details of the North East Made Smarter programme are available at https://www.madesmarter.uk/adoption/in-my-region/north-east/
Our team can support with the application process for the above grant funds. Contact us if you are considering an application.
