Tees Valley Combined Authority is pleased to announce that UK Shared Prosperity Funding (UKSPF) has been awarded via the Supporting Local Business theme to 4 new delivery partners who have been awarded funding to deliver against the interventions aimed at Net Zero, Securing Investment, Supply Chain and Digital.
February 2024
Successful Delivery Partners are:
Tees Valley Net Zero – Decerna
Tees Valley Net Zero supports the development of Net Zero strategies. Support will be provided every step of the way, with Net Zero Advisors and Technical Specialists on hand with online and in-person Net Zero consultations. Access to information is available 24/7 through a suite of online tools and resources, including access to a new web- based tool that will generate a Carbon Reduction Plan. To support implementing recommendations once their Carbon Reduction Plan is in place, businesses may also be eligible to apply for grant support up to £2k to make adopt new processes and technologies.
Tees Valley Supply Chain – RTC North Ltd
Tees Valley Supply Chain supports companies to prepare and engage with regional, national and global supply chains, including service and product opportunities. It includes access to an exciting range of sector engagement and networking events, comprising Meet the Buyer and Developer sessions, supply chain villages and surgeries. Dedicated workshops and support from specialist advisors can help to address identified capacity building needs, allowing businesses to target growth within existing or new supply chains. The programme is being delivered in collaboration with local and national support networks, sector and trade organisations.
Tees Valley Securing Investment – Innovate NE Ltd
Tees Valley Securing Investment equips businesses with the know-how to successfully become investor ready and attract investment. Practical advice and guidance to businesses is provided on investment strategies to raise funding and finance. The programme connects businesses to potential investors, building a network of investors for Tees Valley businesses to access. It will also ensure investor readiness is embedded in the thinking of new entrepreneurs.
Tees Valley Digital Transformation – Like Us (NE) Ltd
Tees Valley Digital Transformation supports the building of digital adoption to effectively improve businesses efficiencies, their productivity, and help them scale up. It includes diagnostics followed by small cohort-based workshops, 1-1 mentoring, peer to peer and group support. Self-guided learning to help businesses and their workforces to understand what digitalisation is, what the benefits are, and how to implement digital capability in their business. Dedicated consultants will work directly with businesses to enact the changes identified in their plans, realising immediate value. Businesses may also be eligible to apply for up to £3k grants up to support exploration and adoption of new technologies and improve productivity, create detailed technical specifications for attracting investment/commissioning new products or implementing new processes.