This portfolio oversees our financial processes and is also responsible for the attraction of new companies to the region through inward investment.
Working closely with the Mayor and other Cabinet members this includes oversight of our Investment Fund, our financial processes and progress with our Inward Investment Fund.
These functions are core to our work, providing the underlying basis for investment, programme development, corporate coherence and attracting new jobs to the region.
Business With Purpose aim is to support new Socially Trading Organisations in Gateshead, Newcastle, North Tyneside and Northumberland to start-up and get going as well as established purpose-led organisations to increase their trading income and grow their impact.
View ProjectIn delivering Scaleup North East, RTC North has developed a robust delivery model that will address challenges faced by North of Tyne and Gateshead businesses.
View ProjectNTCA has a series of investment funds aimed at encouraging business growth, investment in brownfield housing, infrastructure, green techology and our people to by providing education and skills training opportunities to enable them to get into good work.
Details of all the funds currently available in the North of Tyne are listed below.
The Business Growth Fund is a £3.5m programme of investment funded by the UK Shared Prosperity Fund that supports Business growth that supports business growth across the areas of Gateshead Metropolitan Borough Council, NTCA and Sunderland City Council.
View ProjectCrowdfund North of Tyne gives local people and communities the opportunity to create and fund projects which celebrate and improve our local area.
View ProjectNTCA and Power to Change launched a strategic partnership with the objective of growing and further developing the social economy in the North of Tyne area, in partnership with local stakeholders.
View ProjectThe Green New Deal Fund is a low carbon investment fund established by NTCA and managed by Amber Infrastructure Group.
View ProjectIn-TUNE – Universities working together to deliver innovation and commercialisation support across North of Tyne and County Durham.
View ProjectAre you a business looking to make a first investment in Newcastle, North Tyneside or Northumberland?
We have £10m available to support businesses looking to invest and create jobs and may be able to contribute to up to 10% of your costs.
View ProjectThe Rural Asset Multiplier Pilot (RAMP) is a new programme of activity investing in Northumberland’s natural, economic, and cultural assets. The RAMP will work to enhance the environment, grow the rural economy, and improve opportunity and prosperity in communities.
View ProjectNewcastle’s Localised Business Support is led by Newcastle City Council. It provide’s delivery pre-start, startup and business growth support to local residents and businesses.
View ProjectNorthumberland Small Business Service (NSBS) launched in August 2023. Delivered by Advance Northumberland, NSBS will deliver a new programme of business support to help small and micro businesses across Northumberland to start and grow.
View ProjectThe Business Factory, North Tyneside Council’s business support programme, is here to provide support to anyone or any business, in North Tyneside.
View Project