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    Last update 20/07/2025

    2025 Grants & Loans for Startups & Small Businesses in South Tyneside, UK


    Introduction

    South Tyneside supports startups and small businesses through a spectrum of regional grants, business support schemes, and government-backed loans. Here's your updated roadmap to funding in 2025.


    Government‑Backed Loans

    🔹 Start‑Up Loans

    • Loan amount: £500–£25,000

    • Interest: Fixed at ~6% APR

    • Plus: 12 months of mentoring support

    • Eligibility: UK residents launching or running a business under 3 years old

    • Apply via: https://www.startuploans.co.uk


    🔹 Recovery Loan Scheme / British Business Bank


    Local Support & Grants

    🔹 South Tyneside Business Growth Grant Scheme


    🔹 Start‑Up South Tyneside (TEDCO)

    • Fully funded start-up support: workshops, 1:1 mentoring, business planning, signposting to finance (tedco.org)

    • Contact: 0191 516 6102 or hello@tedco.org


    🔹 Social Enterprise Boost & Scale‑Up North East

    • Social Enterprise Boost (SEB): Coaching + small seed grants (~£1k) (Invest South Tyneside)

    • Scale‑Up North East: Bespoke growth support for high-potential SMEs (transcendit.co.uk)


    🔹 BIPC North East Business & IP Centre

    • Access free market research, legal and IP advice, and intellectual property support via BIPC at South Tyneside libraries (Invest South Tyneside)


    🔹 Get Trading Programme

    • A 3‑session fully‑funded course to help progress from idea to trading status (North East Growth Hub)


    Additional Funding Options

    • North East Growth Hub / NE CA: Regional funding, export support, and innovation grants (Invest South Tyneside).

    • Private Investment: Engage with angel investors or VC via platforms like the Angel Investment Network.

    • UKSPF Funding: South Tyneside has received ~£8.8m in UKSPF funds to boost local businesses (Wikipedia, southtyneside.gov.uk).


    How to Find the Right Funding

    1. Clarify your need – e.g. product launch, technology purchase, or social enterprise

    2. Explore options – council grants, TEDCO start‑up, regional schemes

    3. Check eligibility – carefully review the criteria and match funding needs

    4. Prepare your plan – include quotes, forecasts, and project rationale

    5. Use local advice – TEDCO, Growth Hub, and council business support are free

    6. Submit on time – follow each funding stream’s application process


    Contact & Further Information


    Frequently Asked Questions (FAQs)

     

    ▫️ What is the Business Growth Grant?
    A capital fund under UKSPF offering £20k–£50k for innovation or premises investments, covering around 30% of costs (Invest South Tyneside).

     

    ▫️ Who provides start‑up mentoring support?
    TEDCO, through Start‑Up South Tyneside, offers one-to-one mentoring, workshops, and resource libraries (tedco.org).

     

    ▫️ Is there funding for social enterprises?
    Yes—the Social Enterprise Boost fund includes coaching and small seed grants of about £1,000 (Invest South Tyneside).

     

    ▫️ What’s the Get Trading Programme?
    A free, three-session course to move ideas toward trading, including business planning and legal registration help (North East Growth Hub).

     

    ▫️ Can I still get a Start‑Up Loan?
    Yes—nationwide £500–£25,000 loans with mentoring remain available via the British Business Bank.

     

    ▫️ Are export or innovation grants available?
    Yes—regional schemes through the North East Growth Hub, including UKSPF/NECA funds, support innovation and green initiatives (gwdickandco.co.uk, Invest South Tyneside).

     

    ▫️ How soon are decisions made?
    TEDCO or Growth Hub queries: immediate. Grant applications: typically 4–8 weeks. Review timeframes vary depending on scheme complexity.

     

    ▫️ Can I combine funding sources?
    Yes—a grant can cover capital costs while a loan covers other needs, subject to eligibility.

     

    ▫️ Where can I go for application help?
    TEDCO, Growth Hub, South Tyneside Council, and BIPC advisors all offer tailored support to help you apply successfully.

     

     

     

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