New investment programme to help you grow your business

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Post date: 18 May, 2012

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A brand new European Regional Development Fund (ERDF) financial subsidy is available to small and medium enterprises (SMEs) in the North East, through a new programme delivered by the Business & Enterprise Group.

Investment for Growth is available to eligible companies planning to improve their business through investing in projects which will result in creating or safeguarding jobs.
The types of projects that we can offer a subsidy for include*:
• Product & market diversification
• Business change management
• Business expansion
• Succession planning
• Development of quality management systems
• Process & systems improvement
• Supply chain improvement
• Product development
• Improved ergonomics & layout
• Marketing planning (may include some web development)
• Brand / re-brand design
• Development of environmental/efficiency programmes
• Exhibition attendance
* This list is not exhaustive, other projects can be supported. For more information contact us on 0191 426 6408

A team of experienced business advisers will be on hand to guide you through the whole process which includes:
1. Identification of projects eligible for investment
2. Development of a concise brief for potential providers
3. Support to identify quality and value for money from potential providers
4. Preparation of your application for financial subsidy
5. Assistance with the claim process following a successful application
6. Reporting the impact of the project within your business
…but it doesn’t stop there! They will help to oversee the project, working alongside your business offering support to ensure you achieve the most possible from your investment, and complete each element of your project on time.
To find out more please visit our website or to speak to an adviser and learn if your business is eligible for financial support, contact us now on:
T: 0191 426 6408
E: enquiries@business-enterprise.net

Please note, ERDF eligibility criteria applies, Investment for Growth is available to SMEs with less than 250 employees who are trading within the North East of England. Unfortunately, the fund cannot support business in retail or personal services.