Business Link Funding and Application Process

There are many sources of financial support available to businesses in the North East. There may be qualifying criteria to access funding so it’s important to understand the specific requirements before making any applications. WOW can assist you through the application process; we have numerous clients who have successfully accessed funding through the North East England Investment Centre.

As an approved service provider for Business Link North East and a member of the National Business Link Register; WOW Solutions can offer clients up to 70% funding towards the cost of graphic design, web design, web development, ecommerce or any other web based application you may require.

As we say to all our customers "Shy Bairns Get Nowt!".

Give us a call and see what we can do for you.

	Product summary	Examples of the type of support available
Intensive Start up Support	Available 6 months before and up to 6 months after a business has started trading. Normally a maximum investment of £8,000. Up to 70% funding. Aims to remove barriers and improve survival rates of new businesses. Customers should either have a written business plan or be able to explain their plans for the business. Therefore a formally written business plan is not required.	Development of a product, process or service. Branding and corporate identify. Business and financial planning. Company structure. E-commerce and e-marketing. Bespoke ICT software. Marketing including research and the development of a strategy. Mentoring.
Starting a High Growth Business	Available 6 months before and up to 6 months after a business has started trading. Ambition to turnover £500k a year within 3 years. Normally a maximum investment of £45,000. Up to 70% funding. Customers should either have a written business plan or be able to explain their plans for the business to our staff. Therefore a formally written business plan is not required.	Development of a product, process or service. Branding and corporate identify. Business and financial planning. Company structure. E-commerce and e-marketing. Bespoke ICT software. Marketing including research and the development of a strategy. Mentoring.
Innovation Advice and Guidance	Supports small to medium size enterprises to identify opportunities, implement change and become more innovative, more competitive and more profitable. Normally a maximum investment of £19,500. Up to 50% funding. Existing businesses.	Developing new ideas, products, processes and services. Improving existing products and services. Investigating and introducing new technologies. E-commerce and e-marketing. Business, financial, marketing strategies for new or improved products, processes and services. Development and protection of intellectual property.
Innovation Vouchers	Encourages small to medium size enterprises to work with universities, colleges and other innovation partners – collectively known as Knowledge Based Institutions. The voucher helps businesses to innovate and improve their performance. Investment from £3,000 up to a maximum of £7,000. Existing businesses.	New product design or development. New or improved processes and services. The development of a new business model. An innovation or technology audit. Experimenting, testing or measuring. Supply chain management or logistic.