Grants for Digital Services in Tyne and Wear, Northumberland and County Durham
If you’ve got a project in mind that you’ve been thinking about and are yet to pull the trigger, what better time to help your business flourish than taking advantage of a whopping grant of up to 40%… So if your business operates in one of the 3 regions listed below you should definitely keep on reading!
- Northumberland (35% max funding)
- Tyne and Wear (40% Max Funding)
- County Durham (40% Max Funding)
Customers can use the funding for various types of business support, but as a digital agency our remit will be to utilise one or a combination of the below services to make a positive impact to your business:
- Marketing Strategy
- Web Design or Development
- Video and Animation
- Social Media
Grands of up to 35-40% of the costs are available on projects ranging between £3,000 – £8,000, which result in a max grant value of £2,800 and £3,200 respectively (depending on the max funding percentage and project value).
- The Source Fund receives funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department for Levelling Up, Housing and Communities (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund.
- Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding.
These business types are NOT eligible for funding
- Businesses in the following sectors; Agriculture, Forestry, Fisheries and Aquaculture, Processing and marketing of agricultural products, Shipbuilding, Primary production, Coal or Steel, Synthetic Fibres.
- Any business that mainly generates income from commission to providers or by offering a brokering service including energy, utility, insurance, mortgage, financial advice, etc.
- Organisations that generate less than 51% of their sales from commercial activity. Any income derived from the donations, grants or contracts that have not been won via a competitive process are not classed as commercial income. This means that many Charities, CICs, Voluntary organisations and Social Enterprises may not be eligible for support via ERDF.
- Businesses that deliver Statutory Services such as schools, doctors surgeries and care homes.
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