The Culture and Creative Investment Programme will pay up to £2,500 (inc VAT) to subsidise the cost of working with an expert to support companies with their business planning and strategy. This may include acquiring specialist expertise, knowledge and contacts that will get to know you and your company and refine your business proposition.
Some examples where expertise may be used include:
(This list contains only examples and is not limited. Expertise may be used across a number of areas.)
At the end of this process, applicants will have typically developed a detailed business proposal and implementation strategy that can then be used to direct the company’s future growth and as a tool for pitching for investment.
Please note that the award cannot be used to pay staff, management, directors, or shareholders of the company for their contributions to the business plan.
Cultural and creative SMEs and freelancers who are based in the North of Tyne (Newcastle, North Tyneside or Northumberland). We are primarily looking to support enterprises that are registered and trading in the North of Tyne region and contributing to the local creative and cultural economy. Beneficiaries must be a registered sole trader with a UTR number; or a Limited Company registered on Companies House
We mean businesses working in the
Beneficiaries must have relevant track record* within the Cultural and Creative Industries
* For example trading as a company for at least 12 months, or experience bringing a product to market
The maximum amount available for business planning support is £2,500 (inc VAT). This will be subject to a pre-approved budget and work-plan and not every business may need the maximum award.
When you apply for business planning support, we will ask you to submit a proposed budget and work-plan. Ideally, we would expect the planning process to take no more than 3 months and to involve the owner/CEO of the company and any other relevant senior management.
Applications will be assessed by the Culture and Creative Investment Programme team.
We will typically consider the track record of your business and its management, the feasibility of your future growth plans, and the impact that our support might have on your company. We recognise that applications may contain commercially sensitive information and all proposals will be dealt with in the strictest confidence.
We aim to make decisions within 2 weeks of submission.
We are currently processing applications, and the deadline will close at the end of February 2023 or until the fund is depleted, whichever occurs sooner.
Awards of support will be made solely at the discretion of Creative UK, whose decision is final. Due to the volume of applications, we regret that feedback on unsuccessful applications cannot be provided. Creative UK reserves the right to withdraw the grant support offer without notice, at any time.
Creative UK will pay the consultant on receipt of invoice and submission of the completed business plan.
We understand that business plans vary and there is no ‘one size fits all’ approach. Companies are not required to present their business plans in any standard format. However, at the end of the planning process we would expect to see the following included in the plan:
If you have any questions, contact the Culture and Creative Investment Programme team firstname.lastname@example.org
To apply for the business support, please complete the application form through this link