Growth and productivity grants County Durham

 

In September 2023, the new Durham Business Growth and Productivity Programme was launched and your business could be eligible to receive this funding.

What grant funding is available?

Delivered by Business Durham in partnership with UMi Commercial and RTC North, the scheme offers a selection of grants for eligible businesses, covering both capital expenditure and consultancy funding. If successful, you could receive funding of up to 40% of your expenditure up to a maximum grant of £200k for capital projects and £10k for consultancy projects.

Which projects are covered?

Capital projects could include investment in plant, machinery, equipment, premises and fit-out works.

Consultancy grants support the costs of external third-party experts coming into the business to support a wide range of projects including forecasting/business planning, financial and operational systems consultancy, marketing, social media, video and animation, HR, web/app development and many other forms of external support.

How can our team help?

Our grants team are highly experienced in working with grants of this nature, having achieved a success rate of 90% from over 300 previous applications.

Our team also work as part of our Durham office, which has been established since 1997 and has worked with business across a diverse range of sectors. Our team have seen first-hand the impact grant funding can have on local businesses.

What’s the next step?

Partner, Carl Wright has written a blog discussing how your business could be eligible for this grant. If this sounds like something you would be interested in, the first step would be to get in touch with our team who would be happy to give you an initial call to discuss your eligibility and the next steps.

If you would like to register your interest in this grant, then fill out a contact form on the right hand side of the page.

Phone

CALL US 01325 349700

Lines open 8.30am-5.00pm Mon-Fri



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