Funding

SECURING FUNDING FOR THE NORTH EAST

The North East LEP competes nationally to bring funding into the region. We are highly successful at doing this.

We manage a multi-million pound pot of money, which is used to deliver the Strategic Economic Plan priorities. To date we have delivered or secured more than £830m investment for the North East. This investment is made up of:

European Fundinglogoesif_col_landscape

The 2014-2020 European Structural Investment Funds (ESIF) will inject more than £437m in to the North East. These funds are used to deliver both the European goals smart, sustainable and inclusive growth and support our Economic Plan.

Find out about more about open calls for European funding.

Find out who your local contact is for support on EU funding applications here.

The Local Growth Fund

Our £329.9m Local Growth Fund capital programme forms a key element of the North East Growth Deal negotiated and agreed with Government in July 2014, the fourth largest allocation made to a LEP area. Find out more about more here.

 

The North East Investment Fund

The North East Investment Fund is a Capital Loan Fund supporting projects that specifically encourage local economic growth and create jobs in our area. The recycling loan fund totals £55m and is a combination of £25m Growing Places funding and £30m Regional Growth Fund.

Funding News

Thu 26th Jan, 2017

£9.7m in grant funding available for rural businesses through the Rural Development Programme for England

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Thu 26th Jan, 2017

Development at Tyne Tunnel Trading Estate receives boost from Local Growth Fund

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Mon 23rd Jan, 2017

Government boosts North East’s Local Growth Fund allocation by further £49.7m

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