2025
100% FREE
BUSINESS TOOl

North Tyneside Council supports startups and small businesses with a range of government-backed loans, local grants, and tailored support schemes. This guide outlines what’s available in 2025, how to apply, and where to get help.
Loan value: £500 – £25,000
Interest rate: Fixed at approximately 6% APR
Includes: 12 months of free mentoring
Eligibility: UK residents aged 18+, trading for less than 3 years
Schemes include: Start‑Up, Scale‑Up, equity finance
Support access: Via North Tyneside advisers or directly online
Purpose: Supports business recovery from the COVID-19 impact
Note: While central support has ended, similar support may continue via the British Business Bank or combined authorities
Services: Advice, mentoring, workshops, retail opportunities, and funding signposting
Delivered by: North Tyneside Council (The Business Factory) (The Business Factory, GOV.UK, North East Growth Hub, Wikipedia)
Phone: 0191 643 6409
Email: info@businessfactorynt.co.uk
Website: https://businessfactorynt.co.uk
Grant value: Up to £2,500 for façade improvements
Coverage: North Shields town centre & NW wards
Funding source: Shared Prosperity Fund via North East Combined Authority (The Business Factory, my.northtyneside.gov.uk)
Apply & info: North Tyneside Council business support pages
North East Investment Fund: Loans to support capital growth projects, totalling ~£58 m to date (my.northtyneside.gov.uk, NECA)
North East Growth Hub: Regional funding & finance support via Growth Hub (NECA)
Define your need: Clarify purpose (startup, expansion, equipment)
Research schemes: Browse the national GOV.UK grants, regional LEP/CA funds, and council support
Check eligibility: Confirm your business meets the criteria
Create a strong plan: A solid business plan is essential
Seek guidance: Contact The Business Factory, Growth Hub, or a qualified advisor
Find suitable schemes via The Business Factory or GOV.UK.
Compile documentation: Business plan, forecasts, cost quotes (min. 2), proof of ID/address.
Submit application online or via email.
Attend support sessions like workshops or 1:1 mentoring.
Await decision (typically 2–8 weeks).
Receive funding, complete your spend, and submit receipts and monitoring forms.
Report outcomes, especially for grants, usually up to 12 months post-award.
Explore networking via https://www.gmaxcard.com/business-networking
Consider alternative funding: crowdsourcing, angel investors, venture capital
Stay updated: Check the council and NECA announcements for new schemes
Match funding required: Especially for Shared Prosperity and shop-front grants
The Business Factory (North Tyneside Council)
Website: https://businessfactorynt.co.uk
Email: info@businessfactorynt.co.uk
Phone: 0191 643 6409
North Tyneside Council Business Support
British Business Bank
Start‑Up Loans
Website: https://www.startuploans.co.uk
North East Combined Authority / Growth Hub
▫️ What loans are available in North Tyneside?
Start‑Up Loans (£500–£25,000 with mentoring) and regional loan schemes via the British Business Bank or NECA.
▫️ What local grants can I apply for?
Shop Front Improvement Scheme (up to £2,500) and area-based SP7F grants via The Business Factory.
▫️ What is The Business Factory?
A North Tyneside Council programme offering free support, mentoring, workshops and retail space (North East Growth Hub, NECA, North East Growth Hub, The Business Factory, northtyneside.gov.uk, my.northtyneside.gov.uk, my.northtyneside.gov.uk, GOV.UK).
▫️ Who qualifies for the shop-front grant?
Businesses in North Shields centre and nearby wards; applications processed first come, first served (my.northtyneside.gov.uk).
▫️ How do I access North East Investment Fund loans?
Apply through Growth Hub/NECA-linked channels for capital projects and job creation (NECA).
▫️ What documents are required to apply?
Typically: business plan, forecasts, cost quotes, ID, proof of address, and project evidence.
▫️ How long before I hear back?
Expect 2–8 weeks, depending on the type of funding and panel schedules.
▫️ What if my application is rejected?
Seek feedback, refine your application, and explore alternative sources.
▫️ Can I get mentoring for my startup?
Yes—mentoring is included with Start‑Up Loans and through The Business Factory.
▫️ Are green or carbon-reduction grants available?
Yes—check The Business Factory and council pages for carbon-reduction awards (my.northtyneside.gov.uk).
▫️ Is match funding required?
Some schemes, including shop-front and SP7F grants, require match funding.
▫️ Can I combine a loan and a grant?
Yes, combining funding sources is often possible if eligibility conditions are met.
▫️ Where can I find national funding options?
Visit GOV.UK business finance support: https://www.gov.uk/business-finance-support (businesscloud.co.uk, GOV.UK, NECA, North East Growth Hub).
Value Ad helps new businesses save 50% to 80% on essential services like marketing and
development. These savings act as an alternative investment, fueling growth.
Service providers gain valuable initial customers, helping them grow and attract investment.
It's a win-win for everyone!
This App/website is not affiliated with any government agency. We collect and organize information from publicly available government websites and provide direct links to these official sources.
For accurate details and to apply for grants or loans, please visit the relevant government websites linked within the App/website.
What is Value Ad?
Value Ad is an innovative policy designed to foster a mutually beneficial relationship between two key groups: new businesses and service providers. This policy helps startups save significantly on essential services while enabling service providers to gain valuable traction and growth opportunities.
How is it a Win-Win Deal?
For New Businesses:
Cost Savings: Startups can save 50% to 80% on essential services such as website development and marketing. This means they don’t need to invest heavily upfront, making it easier to launch and grow their business.
Alternative Investment: The money saved through these discounts can be reinvested into other critical areas of the business, acting as an alternative investment that fuels further growth and development.
For Service Providers:
Initial Customer Base: Service providers, often tech startups themselves, can attract a significant number of initial customers by offering their services at a discounted rate. This helps them build traction and demonstrate value, which is crucial for attracting venture capital (VC) funding and other opportunities.
Marketing Efficiency: By providing affordable services, service providers do not need to spend heavily on marketing to acquire new customers. The discounted services themselves become a powerful marketing tool, bringing in customers who can spread the word and enhance the provider’s reputation.
Growth and Expansion: Attracting more customers through Value Ad helps service providers expand their client base and build long-term relationships, which can lead to increased revenue and business growth.
Alternative Investment for New Businesses:
For new businesses, the significant cost savings achieved through the Value Ad policy effectively serve as an alternative investment. Instead of spending large amounts on website development and marketing, they can leverage the affordable services provided by service providers. The saved funds can be redirected into other strategic areas of the business, enhancing overall growth and sustainability.
Benefits for Service Providers:
Service providers benefit from the Value Ad policy by gaining access to a ready pool of new customers who are drawn by the discounted rates. This initial customer base is crucial for:
Building Traction: Demonstrating product or service viability to potential investors.
Securing Funding: Enhanced customer traction and a growing user base can make the service provider more attractive to venture capitalists and other funding sources.
Market Penetration: Establishing a presence in the market quickly and efficiently without heavy marketing expenditures.
In Summary:
Value Ad is a strategic policy designed to create a win-win scenario for both new businesses and service providers. By offering significant discounts on essential services, startups can save and reinvest those savings, while service providers gain crucial initial customers and market traction. This mutually beneficial arrangement supports the growth and success of both groups, making Value Ad a powerful tool for business development and investment.
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