Invest South Tyneside is committed to keeping residents and businesses updated on the latest coronavirus (COVID-19) information. We are working with government and other partners nationally and regionally provide the advice, guidance and targeted support you need.
Relevant updates and information will be shared on our social media accounts
Linkedin: Invest South Tyneside
Business Support Hub
We have established a dedicated Business Support Hub, which can be contacted on 0191 481 3456 or by email at email@example.com.
Restart Grants - April 2021
The Government Restart Grant scheme supports businesses in the non-essential retail, hospitality, leisure, personal care and accommodation sectors with a one-off grant, to reopen safely as COVID-19 restrictions are lifted.
Businesses in South Tyneside who have received the Local Restrictions Support Grant schemes have now been contacted about the Restart Grant.
Businesses can check if they are eligible here: https://www.gov.uk/guidance/check-if-youre-eligible-for-a-coronavirus-restart-grant
If you believe you are eligible for the Restart Grant and have not been contacted, please email firstname.lastname@example.org
South Tyneside Small Business Hardship Grant Fund
Applications have now closed for the Small Business Hardship Grant fund.
Small Business Hardship Grant Extension
Applications have now closed for the Small Business Hardship Grant Extension.
Local Restrictions Grants
Applications have now closed for the Local Restrictions Support Grant (Open) and Local Restrictions Support Grant (Closed).
Closed Business Lockdown Payment
Applications have now closed for the Closed Business Lockdown Payment.
Additional Restrictions Grant (ARG)
As part of the Government support package for businesses South Tyneside Council received £4,360,736 funds under the Additional Restrictions Grant (ARG). This has now all been allocated. You can read about how this funding was used here.
Christmas support payment for wet-led pubs
Applications for the Chistmas support payment for wet-led pubs are now closed.
Furlough Scheme Extended
The Coronavirus Job Retention Scheme has been extended until April 2021 with employees receiving 80% of their current salary for hours not worked and further economic support announced. Read the full government announcement here.
Self-Employment Income Support Scheme
The Self-Employment Income Support Scheme grant extension provides critical support to the self-employed in the form of 2 further grants, each available for 3 month periods covering November 2020 to January 2021 and February 2021 to April 2021. Check eligibility here.
Coronavirus loan schemes extended
The Coronavirus Business Interruption Loan Scheme (CBILS), the Coronavirus Large Business Interruption Loan Scheme (CLBILS) and the Bounce Back Loan Scheme (BBLS) - and the Future Fund will be extended to 31 January 2021. More information is available from the British Business Bank website.
Small business recovery fund
The South Tyneside Small Business Recovery Fund was launched for certain businesses which have fallen outside the scope of previous financial aid. The deadline to express an interest in the Small Business Recovery Fund has now passed.
Emergency business grants
South Tyneside Council paid one-off government grants to a significant number of small and medium-sized businesses. The deadline to apply for these grants has now passed. All businesses have now been notified if their application was successful. More information about the Business Grants and eligibility criteria can be found on the Business Support Grant Frequently Asked Questions webpage..
Government Business Support
A comprehensive Business Support website is now available for all the very latest up to date information as new announcements are made.
Key areas of support include:
Find out more on the Business Support website.
For all HMRC enquiries please call 0800 159 559.
Business Investment Team
Our dedicated Business Investment Team can offer practical support including information about business grants for North East businesses.
We make choosing South Tyneside an easy decision, get in touch for a chat about your business needs.
We are your single point of contact
Our specialist team will work with you to understand all aspects of starting up or relocating your business to South Tyneside. We act as an extension of your team, providing:
- Support to build a business case for locating in South Tyneside, including sector research and intelligence
- Assistance with planning, property search and business rates. We work with all property agents across the area
- Information and advice about attracting finance and accessing financial assistance for North East businesses
- Practical day-to-day support from set-up to becoming operational, including recruitment and training support
- Ongoing support to help your company grow and deliver successful projects
- Information and introductions to contacts and networks in your sector
- Strategic relationship building with key personnel locally, nationally or at international head offices
Whether your business requires assistance with planning, property search, business rates, employing staff or attracting finance - the Business Investment Team is the single point of contact for your business in South Tyneside.
EU Transition (Brexit)
New rules apply to doing business with Europe. Use the Brexit checker to get a personalised list of actions for your business and your family.
GOV.UK: Brexit transition
South Tyneside businesses should also check the North East Growth Hub Brexit toolkit.
Financial assistance for North East businesses
If you're looking to raise funding or investment for your growing business, talk to our team and we will work with you to explore the best options to achieve your goals.
Our team have a broad knowledge of the investment programmes available, and can offer guidance for businesses at all stages of growth.
Some useful websites include:
North East Fund - £120million investment programme with five funds available for SMEs in different sector, with certain growth plans
North East Business Support Fund - small business for business improvement projects across Tyne & Wear
North East Growth Hub - Finance & Funding portal including information on funding, finance and loans
Please get in touch to discuss your business plans and funding requirements and our specialist team can offer up to date information about available financial assistance for North East businesses.
We would love to hear about the plans for your business, and chat through what we can offer in South Tyneside. Contact us to arrange a call or a visit.
Get in touch