Businesses are being urged to submit growth-based grant applications, as the deadline for a much-used fund approaches. For over a decade, the North East Business Support Fund has provided a protective shield for business owners, helping SMEs de-risk investment in growth.
The fund’s success has been staggering, supporting nearly 5,000 SME businesses with over £9.1m in grants distributed across the region.
However, the fund is due to end in March 2023, and, with grants still available to support North East SMEs with a focus that operate in business to business sectors, NBSL is urging firms to maximise their growth potential by submitting applications before the scheme closes.
Administered by NBSL - which also oversees a range of regional business support programmes - the North East Business Support Fund was launched in 2012. The business support organisation is now laser-focused on ensuring every penny available to businesses is delivered, and with grants still available, they are preparing for a flood of applications.
NBSL business support manager, John King, said: “The success of the North East Business Support Fund has been incredible - it has long been one of the region’s most accessible and effective forms of grant funding for SMEs.
“We are working hard to maximise the opportunity this grant offers our companies. This tranche of funding must be allocated before the end of March 2023 and we want to see every penny spent on helping our regional business community evolve.
To ACT NOW and take advantage of the final months of the North East Business Support Fund, log on to www.nebsf.co.uk or contact the experienced grant management team at NBSL on 01670 813 322 or contact us at info@nbsl.org.uk.
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