Looking for business funding to aid your business growth ?
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. If you are looking to raise funds and would like to work with MGC then please fill in the form below and we will be in touch.
What funding is available ?
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
Why use MGC instead of doing the application myself?
MGC will actively guide you through the whole funding process, from identifying the correct funding stream, working with you on your business plan, financial forecasts and construction of your application and documents. We will make sure you are investment ready and manage you through the whole process of investment.
We have over 15 years on experience in achiving funding for our clients, over that time we have built relationships that allows us to not only speed up the application process but also advise on what funders are looking for.
Our charge is based on the time an application takes from start to finish .
Please find below our fee structure for application for funding.
Application for £2,500 up to £5,000£149 + vat
Application for £5,000 up to £10,000£289 + vat
Application for £10,000 up to £15,000£449 + vat
Application for £15,000 up to £20,000£595 + vat
Application for £20,000 up to 50,000£645 + vat
Application for £50,000 up to £100,000£1,250 + vat
Application for £100,000 to £500,000£2,995 + vat
Application for £500,000 to £1,000,000Quote on request
Application for £1,000,000 plusQuote on request
How long will it take?
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.
We engage with at every stage whether it be pre-start,start-up or established. Working to develop your business and achieving your targets we have over 15 years experience in providing business and marketing advice
Stage 1 – Your business
We diagnosis your business needs, establishing a concept which generates strategies for your key business areas Turnover, Net Profit, Production, Service, Operations, Finance, Marketing, HR, Legal and Sales Potential.
Stage 2 – Strategy and Funding
We look to develop your Business Plan, Financial Forecasts and Growth strategy in order to secure funding and start trading. Within this process we also conduct business health checks in order to develop new markets business growth.
Stage 3 – Brand Development
We help you develop your company’s brand and reputation with existing and future clients. Are you prominent on-line?, do you have a pipeline of new business growth? We work with you to put in place what you need to hit your target market.
Stage 4 – Marketing to the masses
We market you to the masses, using our expertise of both off line and digital marketing experience. Identifying the correct channels for your business whether online search engine rankings, social media or PR MGC will get you in front of the right customers for the best possible return on investment.