Capital Investment Support
Our Capital Investment Support will provide you with grant support for your capital investment projects that will result in creating new, sustainable jobs in Tees Valley. Grant support is available for capital expenditure, business expansion and diversification to help firms to expand their operations or to set up new establishments in the region.
This scheme is aimed towards businesses offering more than a local service. Grants are available to businesses of all sizes, with higher levels of support available to SMEs. The program operates under strict State Aid rules, so non-SMEs will only be eligible by exception – please speak to one of our advisers.
Projects must meet the eligibility criteria of the program.
Grants of £1,000 to £1,000000 are available and the levels of support offered in each case will be determined by factors including the type of expenditure involved, the size of the company and the level of job creation.
To be successful, applications must:
Create or safeguard sustainable jobs within the applicant company
Offer good value for money in terms of value of grant per job created
Make a clear case for needing grant support
Have adequate private sector funding for the project
Comply with State Aid regulations
How do you access funding for your capital projects?
If you're a Tees Valley business based in Darlington, Hartlepool, Middlesbrough, Stockton or Redcar & Cleveland and you would like to access funding for your capital growth projects or find out more about the types of projects that qualify get in touch with us now to arrange a meeting with one of our Growth Consultants.