The first step to accessing support through Grow Tees Valley is to meet with one of our friendly and approachable Business Innovation Managers. This enables us to understand your company, your growth plans and the challenges you face.
They will work with you to carry out a ‘Business Growth Diagnostic’ to help identify the most appropriate way to support your growth plans which may include Growth Spark Vouchers or a Growth Associate Project.
Growth Spark grants support SMEs with the costs associated with procuring expertise and specialist equipment to develop ideas, products and services.
Successful grant applicants will be awarded up to 55% of overall project value.
Grants of up to £11k are available (for a project valued at £20k), and the grant can be used towards consultancy, capital and consumable costs to deliver growth plans.
Examples of recent projects include:
Businesses must be based in the Tees Valley and employing fewer than 250 staff with an annual turnover no greater than €50m per annum.