Business grants and funding in Redcar & Cleveland

We list 13 schemes for Redcar & Cleveland businesses: 8 open now, 1 opening soon, 2 to check with the funder and 2 closed (kept for reference). Last checked .

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.

Also open to Redcar & Cleveland businesses: 8 UK-wide schemes open now.

Closing soonest

Schemes open to Redcar & Cleveland businesses (local and UK-wide) with a published closing date.

  1. Climate Tech FOAK Builder: programme entry expression of interest · UK-wide closes
  2. Frontier AI: SME Champions, Phase 1 · UK-wide closes
  3. Life Sciences Innovative Manufacturing Fund (LSIMF) · UK-wide closes
  4. Efficient, Structured and Controllable AI Systems · UK-wide closes
  5. Growth Cohorts: Next-gen low carbon concrete, Round 2 · UK-wide closes
  6. Full ADOPT Grant: Round 10 (on-farm trials) · UK-wide closes

Open now 8

Open or rolling, according to the official source. Ones with a closing date come first, soonest first.

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

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

Opening soon 1

Announced but not open for applications yet.

Check with the funder 2

The official source does not say clearly whether it is open, so ask the funder before you plan around it.

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 (kept for reference) 2

Not taking applications now. Kept so you can see what ran before and watch for new rounds.

Closed

Tees Valley Export Fund

Tees Valley Combined Authority (UKSPF) · Grant

£3,000–£10,000, 25% match funding

Tees Valley · Checked

Quick answers

What business grants are open in Redcar & Cleveland right now?

We list 13 schemes for Redcar & Cleveland businesses. 8 are open now, including SWEF Business Grant (County Durham & Tees Valley) from Point North: £500 start-up grant or £2,000 business grant; Routes to Employment grant (Redcar & Cleveland) from Redcar & Cleveland Borough Council and Northern Powerhouse Investment Fund II: NEL Smaller Loans from NEL Fund Managers (British Business Bank NPIF II). Of the others, 1 opening soon, 2 to check with the funder and 2 closed, kept for reference. Each listing links to the official source and shows the date we last checked it, so confirm the details with the funder before you apply.

Which funding open to Redcar & Cleveland businesses closes soonest?

Climate Tech FOAK Builder: programme entry expression of interest (UK-wide) closes 5 Nov 2026; Frontier AI: SME Champions, Phase 1 (UK-wide) closes 11 Nov 2026; Life Sciences Innovative Manufacturing Fund (LSIMF) (UK-wide) closes 13 Nov 2026 and Efficient, Structured and Controllable AI Systems (UK-wide) closes 18 Nov 2026. Deadlines are taken from the official source; times and late changes are on the funder's page.

Topics covered here

Other North East areas