In today’s climate of austerity you could be forgiven for thinking that there is no financial assistance available to small to medium sized businesses which is why we were pleased to hear about Investment for Growth.

To be eligible for Investment for Growth support, your business must:

  • be a Small and Medium sized enterprise (SME) based in the North East of England
  • provide a business to business product or service
  • have already commenced trading (issued first invoice)
  • be looking to make business improvements

Examples of projects that can be supported:

  • Business expansion
  • Change management
  • Environmental/efficiency programmes
  • HR policies
  • Improved ergonomics
  • Marketing planning & delivery
  • Product development
  • Product & market diversification
  • Process & systems improvement
  • Quality Management Systems

Eligible projects will also:

  • have a minimum £3750 total project value
  • result in creating or safeguarding jobs within 3 to 6 months of project completion which must be evidenced