Business Growth Fund

Grant funding for business growth projects that lead to job creation.

From:
Department for Business and Trade
Published
10 June 2020
Last updated
14 October 2025 — See all updates
Type of support:
Finance, Grant and Expertise and advice
Business stage:
Start-ups (1-2 years trading) and Established
Industry:
Construction, IT, digital and creative, Life Sciences, Manufacturing and Science and technology
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Service industries, Transport and distribution, and Travel and leisure
Number of employees:
0 to 9 employees and 10 to 249 employees
Region:
North East

Who it鈥檚 for

Small and medium-sized businesses planning an expansion project with eligible expenditure of at least 拢67,000.

Location

Newcastle, North Tyneside and Northumberland.

What you can get

A capital grant of between 拢20,000 and 拢200,000 to cover up to 30% of eligible expenditure. All projects must lead to additional employment in the business (at least 2 additional full time jobs).

ERDF criteria applies, speak to the provider to discuss your specific project. You can also express your interest using the online form.

Updates to this page

Published 10 June 2020
Last updated 14 October 2025 show all updates

  1. Name changed from North of Tyne Growth Fund to Business Growth Fund.

  2. Expenditure and grant size amended.

  3. First published.

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