Through the North of Tyne Culture and Creative Investment Programme, funded by the North of Tyne Combined Authority, we are investing £1.5m in loans in the North of Tyne’s cultural and creative industries. We have ringfenced a part of this fund to offer unsecured business loans of £25,000 to 10 creative SME’s.
Creative Boost will facilitate creative SMEs to try their ideas and business plans, hit milestones and create evidence of commercial sustainability, as a potential gateway to future funding through loans and equity.
Applications will be assessed on a rolling basis and the deadline for applications is 31st May 2022. We recommend businesses apply as soon as possible to increase chances of success.
Applications are encouraged from growth-minded businesses that are innovative, operate in the creative and cultural sector, are looking to build a commercially sustainable business.