Business Grant Funding
Our team of specialists can help identify potential avenues of funding for your business, through either grant’s, loans or equity based investment. MGC can assist with preparing your case and getting you funding ready. If you want to know more please get in touch and we can help you identify the right funding source for your business
NBSL – North East Business Support Fund
You can access you up to 35% funding for business improvement projects costing between £3,000 and £8,000 (maximum grant of £2,800) – you can use the grant for almost any type of business support that will help your business to grow – from marketing and web design to financial or human resources planning.
Small Grant Scheme
This scheme aims to support most manufacturing and service sector companies (offering more than a local service) based in the Tees Valley, helping them to grow their business and the local economy in response to the closure of SSI. The scheme offers small grants so companies can access external expertise and professional services. It will operate under the de minimis state aid rules with a maximum contribution of 50% of the eligible costs. The minimum grant that can be applied for is £2,500 and the maximum is £25,000.Schemes are administers by BE Group on behalf of Tees Valley Combined Authority
Other Business Funding
Rivers Capital – Microloan Fund
This fund supports the creation of new enterprises and the growth of existing micro and small businesses across the region. It aims to stimulate the creation of new business and secure jobs in the North East. Loans of between £1,000 and £25,000 are made to new and existing businesses – operating in eligible sectors – which are finding it difficult to secure mainstream finance. Loan support is targeted at key customer groups including disadvantaged individuals, sole traders, partnerships and third sector enterprises.
- MGC provides an intelligent and innovative approach to the projects presented to them. MGC suggested a number of potential solutions to enable the most suitable choice. They produce excellent results, on time and at a reasonable cost. Highly recommended!Manoj Vimalassery – Zurich Airport
- "MGC demonstrates the very best skills available in on-line web strategy and web site development. For most of us in business when we invest in any form of marketing one outcome we need to see is an increase in bottom line profitability, MGC make that happen. If you want the to position your brand online and gain maximum advantage get them on board."Debra Maiden – Locateadriver.co.uk
- “ MGC backs up with action what he says in words, his clients business always comes first which is clearly reflected in his clients growing their businesses, especially through a time when we have all been under siege from a media led recession. If MGC can help companies thrive during an economic downturn, its a no brainer to use their ecommerce talents as the market turns.”Jeff Matthews – IQ property Investments
- “MGC built me a website 3 years ago that is still held up as one of the best in our industry. Up to 50% of our new business comes from e mail enquiries from our site. Business coaches within dentistry use our website as an example of what to aim for. Last year we won Best Marketing in the UK as a direct result of the site created for us.”Marcos White – Courtyard Cosmetic Dentist