Business Growth Fund

The overarching objective of the Tees Valley Business Growth Fund is to accelerate SME business growth in the Tees Valley through co-investing in measures designed to overcome barriers & address constraints to growth, as well as supporting the creation of jobs thereby resulting in increased productivity.  The project is part funded by the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020.  The Ministry of Housing, Communities and Local Government is the Managing Authority for European Regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations.

Tees Valley Business Growth Fund is delivered in partnership by a third-party grant administrator namely UMi Commercial Limited.