Funding

In previous news, we have referred to a number of options available for getting funding towards business development projects. The situation is always changing, so here is a brief update...

Have you got a great idea and are trying to figure out how to fund it? One option that is worth exploring is HMRC's Corporation Tax: Research and Development Relief. It is worth considering if you:

• currently pay Corporation Tax
• the idea would make an "appreciable improvement" to an existing process or product
• or it is a new idea based on a scientific or technological advance

Newcastle City Council through Go Digital Newcastle are providing vouchers towards high speed broadband. The Go Digital Newcastle website says:

"If you run a small or medium-sized business in Newcastle-upon-Tyne, you can apply to Newcastle...

NBSL can provide up to 1,400 of funding towards external services on projects up to 3,500. This is available to business to business organisations in the north east of England who haven't receive funding from NBSL since March 2013. The funding...

Are you looking for money to help your business? Wondering where Business Link went?

Recently I have been asked by a number of clients about sources of finance both loans and grants. Other than a couple that I blogged about recently (links at the bottom) I could only think of how things were a year or two ago when I would say "Just phone Business Link". But now all has gone quiet and it seemed as if that support had vanished.

The North East Business Support Fund can provide up to 40% funding up to a maximum of 1400 for a range of projects such as:

• Business growth planning
• Strategy Development, Change Management, Business Expansion Planning
• Product development /...

Have you taken advantage of the Investment for Growth fund?

No?  You should.  The fund has been around for a year and will run until December 2013. They provide a 40% grant towards almost any business improvement process. Whether that's to develop a new...