Investing in inclusive growth that benefits all of our communities – with our devolved investment fund, and major programmes of investment focused on inclusive growth, skills and innovation.

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.

Investment Funds

NTCA 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.

Green New Deal Fund

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The Green New Deal Fund is a low carbon investment fund established by the North Tyne Combined Authority and managed by Amber Infrastructure Group.

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Growth Fund

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The North of Tyne Growth Fund is a £4.6m programme of investment part-funded by ERDF that supports SME growth across Northumberland, North Tyneside and Newcastle local authorities.

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Inward Investment

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Are 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.

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Social Finance Fund

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NTCA 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.

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UK Shared Prosperity Fund – UKSPF

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North of Tyne Combined Authority (NTCA) received approval from Government of its UKSPF Investment Plan on 5 December 2022. 

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