Businesses urged to meet funding deadline

AN ACCOUNTANCY and business advisory firm which has helped secure millions of pounds of funding for North East companies through the Regional Growth Fund (RGF)  is urging businesses to plan ahead to hit the imminent deadline for funding.

Applications for bids for Round 3 of RGF need to be submitted by Wednesday 13 June.

Clive Owen & Co LLP, are experts in the field and have already successfully worked with a number of businesses in the region to secure funding in previous rounds of the scheme.

They include Middlesbrough-based logistics firm, AV Dawson, which secured £1.2m to build a new multi-modal bio-freight terminal on the banks of the River Tees.

Now Clive Owen & Co is hosting a lunch event where businesses which may have projects that could qualify, have the opportunity to find out what they need to do for a successful application in order to hit the deadline.

The free event, on Tuesday May 15, at noon, will be led by Neville Baldry, a partner with Clive Owen & Co and the firm’s expert on RGF funding applications. In addition, Peter Cocker, former senior member of One North East’s business finance team, will also be available to give his expert advice and guidance.

Mr Baldry said: “RGF investment in people, equipment and product development had enabled the North East to stand out as innovative and forward thinking.

The North East has a great track record of securing funding for a myriad of projects and it’s vital that companies plan ahead in order to have the best chance possible of success in the third round.

“Now is the time to formalise plans and seriously consider the opportunities available through the Regional Growth Fund.  As with any application, it is vital that it is completed with as much detail as possible to aim for the most successful outcome. 

“With a deadline of June and given the fact that business owners are working harder than ever on the day-to-day operations, the next few weeks will soon pass by.  It is essential that business owners take time to look ahead and identify possible areas of the business where they may qualify.”

Mr Baldry added: “As with all funding applications, the awards given varied from sector to sector. With RGF, the two main areas to consider were capital expenditure and/or job creation.

“RGF is a competitive bidding process and the last round saw only 119 successful applications from a total of almost 500 bids submitted.   There is a competitive nature to this scheme so we aim to work with businesses to give them the best possible chance of being successful.”

To reserve a place at the RGF event, email or contact Margaret Gill or Sarah Chapman on 01325 349700.

< Back to News

Comments are closed.


“We have been working with Stride PR for just over seven years and during that time we have developed an excellent working relationship. They have taken time to learn about our business and our market place. Their positive and proactive approach slots perfectly into our way of working and through good communication and understanding we have gained fantastic results.We have been delighted with the professional service we have received and look forward to continued success in the future."

Margaret Gill, marketing manager, Clive Owen LLP

“They are problem solvers, able to cut through media red tape and get you results. Media services don't get any better than this."

Hugh King, Thorn Lighting UK Ltd