Business grants and funding in Redcar & Cleveland

Redcar & Cleveland businesses can use schemes run for the whole Tees Valley, plus Redcar & Cleveland Borough Council’s own start-up programmes and Teesside funds that cover the borough. See also all Tees Valley schemes.

There are 13 schemes listed for Redcar & Cleveland businesses (11 not closed), last checked 19 Oct 2026.

Schemes for Redcar & Cleveland businesses

Open

Northern Powerhouse Investment Fund II: NEL Smaller Loans

NEL Fund Managers (British Business Bank NPIF II) · Loan

£25,000–£100,000 (per Review North)

Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley · Checked

Open

Northern Powerhouse Investment Fund II: NEL Debt Finance

NEL Fund Managers (British Business Bank NPIF II) · Loan

£100,000–£2m (per Review North)

Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley · Checked

Open

Northern Powerhouse Investment Fund II: Maven Equity Finance

Maven Capital Partners (British Business Bank NPIF II) · Equity

Up to £5m (per Review North). Check with funder.

Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley · Checked

Check with funder

Made Smarter Adoption North East

Made Smarter with North East Growth Hub and Tees Valley CA · Grant plus support

Up to £3,500 for technical advice. Up to £20,000 (max 50% of cost) for software or equipment

Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley · Checked

Closed

Tees Valley Export Fund

Tees Valley Combined Authority (UKSPF) · Grant

£3,000–£10,000, 25% match funding

Tees Valley · Checked

Open

Teesside Flexible Investment Fund

FW Capital (backed by Teesside Pension Fund) · Loan and equity

£100,000 to £3m: property development loans £250,000–£3m, contract bond loans £100,000–£2m, loans and equity for buying a business £250,000–£3m

Hartlepool, Middlesbrough, Redcar & Cleveland, Stockton-on-Tees · Checked

Open

UKSE business funding

UKSE · Loan and equity

Check with funder

Redcar & Cleveland, Hartlepool · Checked