Stockton-on-Tees Borough Council

Business Grants

Please Note:

The Stockton Council Business Grant Scheme has been suspended for the time being. Access to funding through the Five Lamps remains available for eligible businesses.

We have submitted applications to implement new business support schemes, and we will announce these when we have more information.

Eligible businesses can benefit from Stockton Council's grant schemes and potentially Selective Finance for Investment (SFI) from One North East. These funds are designed to encourage investment in projects that lead to long-term improvements in productivity, skills and employment. In addition, capital loan and equity finance is also available through organisations such as UK Steel Enterprise. For more details please visit www.uksteelenterprise.co.uk or phone (01642) 777888. NELvisit www.nel.co.uk or telephone 0845 111 1850.Entrust, visit www.entrust.org.uk and NStar Finance 0191 230 6370.

'The Vital Spark' Business Grant Scheme is intended to support and develop pre-start, start-up and young enterprises within the Borough of Stockton-on-Tees, and in particular those residents of the Working Neighbourhoods Fund Areas (WNF), wishing to consider self-employment as an alternative to un-employment.

For established businesses trading longer than twelve months, we have a low interest, unsecured loan scheme operating in partnership with HSBC Bank.

Other contacts for sources of financial assistance include:

The Business Link website for practical help and advice for business
Business Link North East for a wide range of business advice and information services including funding availability through a grant search.

www.businesslink.gov.uk, or contact 0845 600 9 006