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Funding available for businesses in December/January

Here's our latest roundup of the grants and funds for businesses that are still available.

Innovation Program - Read our original post here

This fund is available for businesses who have an innovative idea that will encourage business growth. SMEs must be based in the North East and be investment ready. Successful applicants will have up to 40% of their project funded, and gain access to industry experts, suppliers and independant advice.

Funding Circle

This programme offers loans to businesses, which can be used to ''grow your business, take on new staff or manage cashflow''. Funding Circle offer loans from £5,000 - £1 million, and offer free early repayment. Just fill in the online form to see if you're eligible.

Manufacturing Growth Programme

This pilot programme is aimed at manufacturing SMEs in Durham, Tyne and Wear and Northumberland. It hopes to help businesses, 'assess and identify barriers to growth, and work with them to improve business performance and increase sales.' Just fill in the questionnaire to get started.

Northstar Ventures funds Read our original post

If you're looking for investment, Northstar Ventures still have an accelerator fund for businesses who want to grow and a proof of concept fund for new businesses with a great idea.

EU calls for proposals - Read our original post (This post is about EU proposals which have now ended) 

At time of writing, the EU are not calling for proposals.

Shell LiveWIRE Smarter Future Awards Read our original post

Shell run a competition every month, where businesses could win £5000 towards a project which helps the UK become more sustainable. This month's closes on December 31st, with the next competition opening at the beginning of January.

Knowledge Transfer Fund Read our original post

This fund is still running and offers support when you hire a graduate. The next closing date for submissions is 18th January, 2017, but the website states it currently plans to run until 8th March, 2017.

Santander Universities SME Internships Read our original post

This fund is finished for the year, but will relaunch in the first few months of 2017.

AGE 16-24 Read our original post

If you're thinking about hiring an apprentice, this fund is still available. There is a new site for apprentices in Tees Valley. The website says they are committed to funding until 31st December, and they are expecting more funding next year. 

North East Business Support Fund Read our original post

This fund is running until the end of 2017, and offers up to £2800 towards your next business venture. You can apply online, and the process should only take 15 minutes. There are also new offers for businesses in County Durham.

R&D Tax Credits Read our original post

You can still claim tax relief if a project you're running aims to advance science or technology. The tax relief on allowable R&D costs is currently at 230%.

If you know of a fund or grant that we should be talking about, get in touch with us at 0191 482 044


The Transcendit Way

Transcendit understand that when you choose to work with us, whether we're taking care of your IT, app or web development, you're trusting us with part of your business. So whether we're looking after your computers, phone systems or servers we always do things 'the Transcendit way'.

The whole of our team adhere to the same values, beliefs and policies - the principles that were written when Transcendit first formed in 2000. Whether you come to us for cloud services or recovery backup you can be confident that you'll always receive the same excellent service.

The Transcendit way outlines how we do business; following the same straightforward principles with every client and customer, regardless of how big or small they may be.

That means we get to know you and your business. We offer you a friendly, professional and efficient service, and we'll always be honest with you.
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