Accelerate Ashington is a package of support services available to local businesses currently trading and operating in Ashington. The programme consists of two elements: digital support with funded access to the introduction of digital tools for day-to-day business activity, and start-up support providing a programme of workshops covering the key skills needed to start and establish new businesses.
The Business Growth Fund is a £3.5 million programme of investment funded by the UK Shared Prosperity Fund (UKSPF). It supports business growth across the local authority areas of Gateshead, Newcastle, North Tyneside, Northumberland, and Sunderland. The Fund is delivered by UMi and will attract £11.5 million of private sector investment with an aim to create a minimum of 268 new jobs.
The Create Growth Programme is designed for creative businesses with high-growth potential to become investment ready. Providing high-growth businesses between the seed and scaling stages, with the support and the investment they need to grow their business and turn their innovative creative ideas into the leading creative businesses of the future. Through a suite of business support initiatives, delivered in partnership with Creative UK and Innovate UK this tailored support for high growth creative businesses aims to develop businesses knowledge, skills and access to finance, so they are able to secure investment to enable growth, turning their innovative creative ideas into the leading creative businesses of the future.
The Culture and Creative Investment Programme, delivered in partnership with Creative UK, offers a combined package of financial and business support designed to grow the creative and cultural industries in the region. The package of support includes business support, masterclasses and bootcamps, open access networking events, webinars and access to finance. The programme is open to freelancers and businesses working in the culture and creative industries in North Tyneside, Northumberland and Newcastle.
Flexible Social Finance has been designed with the social sector, for the social sector with the aim to provide access to affordable and flexible, repayable finance for socially trading organisations in Newcastle, North Tyneside and Northumberland looking to grow their social impacts and improve self-sustainability.
This fund is specifically designed to address the challenges faced by socially trading organisations who are delivering significant social impact and may struggle to secure loans from traditional sources.
The Green New Deal Fund is a low carbon investment fund established by the Combined Authority and managed by Amber Infrastructure Group. Business interested in applying to the Green New Deal Fund should visit the fund's website for further information.
Invest North East England is the first point of contact for businesses looking to locate and invest in our region. Working alongside the region’s seven local authorities, their aim is to support new inward investment and promote the region as a prime location for businesses to locate, grow and prosper.
Delivered by Advance Northumberland, Northumberland Small Business Service is a new programme of business support to help small and micro businesses across Northumberland to start and grow. It is jointly funded by the North East CA, the UKSPF and the Rural England Prosperity Fund.
A £20 million property fund aimed at supporting smaller scale North East construction and property development projects will provide an important boost for the construction industry.
The North East Property Fund has been created in response to strong demand from small and medium-sized (SME) construction and property development companies who are unable to access mainstream finance from traditional sources and is hoped it will help kick start development in smaller scale property ventures across the North East.
A £35 million commercial property fund that supports developers in the North East.
The North East Commercial Property Investment Fund is managed by FW Capital and backed by the North East Combined Authority. The fund addresses a gap in the market and will drive economic growth and create new jobs in the North East.