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The programme will offer Grants for Business Improvement Projects that use External Expertise and the financial support will remain the same:

County Durham businesses:

• • up to 40% funding for projects costing between £2,500 and £8,000 
  •  https://nebsf.co.uk/grant-funding/business-grants-in-county-durham/

Northumberland or Tyne & Wear

• • up to 35% funding for projects costing between £3,000 and £8,000 
  •  https://nebsf.co.uk/grant-funding/business-grants-in-northumberland/
  • https://nebsf.co.uk/grant-funding/business-grants-in-tyne-and-wear/

The business must be an SME with:

• fewer than 250 full time equivalent employees
• an Annual Turnover not exceeding € 50 Million and Balance Sheet value not exceeding €43 Million
• credible plans to grow / recover from the impact of Covid (staff or turnover)

It may be worth noting that as this is an extension to the North East Business Support Fund, we are unable to provide funding to businesses who have already accessed support from the programme – this includes:

• Businesses who have received a full Grant from the North East Business Support Fund between February 2018 to December 2020
• Businesses in Northumberland or Tyne and Wear who have received a Covid Response (SME restart and Recovery / Kick-starting Tourism) Grant. County Durham businesses are not impacted by this restriction

If you have any queries or questions relating to the above – please let me know and as always – thanks for your continued support

Full details can be found here.