UMi Commercial Ltd: Business Growth Fund

The Business Growth Fund is a £3.5m programme of investment funded by the UK Shared Prosperity Fund that supports business growth. The fund will support businesses with a capital project that couldn't go ahead without financial support.

Businesses must be based in, or looking to move to, the Gateshead Metropolitan Borough Council, Sunderland City Council, or North of Tyne Combined Authority areas.

The primary aim of the fund is to create employment and stimulate business growth. It will foster innovative processes to drive productivity, resulting in increased profitability, wage growth and employment growth in businesses, strengthening our economy and creating better jobs.

The fund will attract £11.5m of private sector investment and aim to create a minimum of 268 new jobs in the areas.

Contact

0191 716 1007
businessgrowthfund@weareumi.co.uk
www.businessgrowth.fund