The second phase of applications will be open on 15th September at 10:30am for grants of between £1,000 and £3,000.
Eligible SMEs, which are businesses deemed to have been directly impacted by the coronavirus pandemic in the The North East LEP area (County Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside and Sunderland) will be able to apply.
The funds can be used to access our digital services and strategic planning as well as expert advice on HR, accounts, legal, financial and H&S.
For a business to be eligible to apply for this grant funding, it must meet the following criteria:
- be able to demonstrate that the business has been adversely impacted by COVID-19
- it must be based in either Northumberland, Tyne and Wear or County Durham
- it must be an SME – employ fewer than 250 people and have a turnover of less that €50M
- it must have been trading prior to 01 March 2020 and still be actively trading.
The Grant rate is 100%, but businesses will have to make the initial payment for the support or purchase and claim the grant back. The VAT element of any support or purchase is not eligible for grant support.