NBSL (Northumberland Business Services Ltd)
Where are you located
Ashington & across the North East
Number of employees
Give us a brief overview of your business
NBSL is one of the longest-established business support organisations in the region.
Established in 2001, NBSL has become the North East’s largest volume provider of funding to growth businesses, helping over 12,000 companies.
NBSL operate the North East Business Support Fund (NEBS Fund) - part financed by the European Regional Development Fund (ERDF) – and are able to provide project-specific grants to growing businesses across the region.
Aimed solely at small and medium sized businesses (SMEs) in County Durham, Tyne & Wear and Northumberland, the fund differs from more traditional business support programmes by providing grant funding towards the cost of using external experts to deliver business improvement projects.
The current NEBS Fund is in its final stages and a total of £320,000 is still available for County Durham businesses who can receive up to 40% funding towards projects costing between £2,500 and £8,000. £155,000 is still available for Northumberland and Tyne & Wear businesses, which can access 35% funding towards projects costing between £3,000 and £8,000. https://nbsl.org.uk/nebsf
What has been your top tip for keeping business going during Covid-19?
NBSL has been helping people to start and grow businesses right across the North East of England for over eighteen years – helping over 12,000 businesses to grow.
NBSL is well known for its grant delivery programmes but the combination of grant and masterclass support has been the secret to sustainable growth for many businesses.
Working with leading chemical analysis testing business, Chemtech Environmental, based in Stanley, County Durham, NBSL has been able to support the continued development of the strategic management team through the North East Business Support Fund (County Durham).
Bringing in an external Business Coach – via the North East Business Support Fund – the new strategic team were able to improve their individual confidence levels through coaching, improve their combined decision making skills and develop plans for growth allowing a dynamic future to emerge for the business.
Case study on website : https://nbsl.org.uk/news/401-chemtech-discover-the...
Chemtech and the NBSL funding process
Chemtech and the benefits of investing in external support
NBSL are able to support a wide range of growth projects across the region, click on the link for more information. www.nbsl.org.uk/nebsf
Tell us why you are a Chamber member?
As a not for profit organisation with a range of business support programmes available across the North East, the Chamber allows NBSL to maximise reach and quickly identify businesses that require support and are ripe for growth.
The wide range of networking opportunities and support services available allow us to maintain our position as the North East’s largest volume provider of grants – assisting businesses across the region where it matters – the bottom line.