The fund will allow small and medium-sized businesses outside of the hospitality and tourism sectors to now seek specialist advice to help further mitigate the impacts of Covid-19 in order to build in resilience within their business or address potential new opportunities that also may require ongoing support to innovate, scale up or meet their own growth path.
Funding can be used to help these businesses access new equipment and technologies or professional support, advice and guidance will be available in areas such as HR, accountancy, legal, financial, health and safety, IT and digital. This list is not exhaustive with the advice aimed at supporting a range of business recovery and growth needs, for example:
To be eligible, the business must be operating in the Tees Valley and also be eligible for ERDF funding.
Grants are available from £1,000 up to £5,000 per application which can cover the full 100% cost of any advice you request. Applicants are also allowed to use the funding for a mix of different advisors. This also applies to the purchase of minor equipment to adapt or adopt new technology in order to continue to deliver business activity or diversify.
Advice can be provided by companies across the Tees Valley region who have already been invited to offer their services through this portal. These businesses have expressed an interest to deliver this professional advice and support to SMEs. A list of the professional service companies that have registered to provide their knowledge and expertise, which includes contact details and a brief description of the type of professional advice and support on offer is available here.
To find out more on the fund and check eligibility click here.
For information and guidance on how to complete the application form click here.
Tees Valley Combined Authority take no responsibility for the content, quality or outcome of any advice provided by a professional advisor service as documented on the list provided through the Back to Business Fund. It is the applicants responsibility whether to choose an appropriate advisor for their needs and their decision whether or not to act upon any advice provided.
Small and medium-sized businesses interested in applying for funding should initially submit an expression on interest through the online form below.
Once received we will contact you soon to discuss next steps.
Please note: If your business is linked to the Visitor Economy please see the Back To Business Fund by clicking here.
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