A dedicated business support project is to help over 90 small and medium sized businesses (SMEs) in North East England weather the economic downturn and prepare for recovery over the next two years.
The £1.2m project, ‘Innovation, Advice and Guidance – Developing SME Expertise’, will put in place a matching service and public subsidy to give SMEs and social enterprises access to expert advisors to help develop new products, processes and services.
It will also help regional companies retain their skilled staff with a view to driving forward a new phase of economic growth once the recession is over.
£1.2m Funding Into England’s Project Innovation, Advice and Guidance