We are committed to making Newcastle a Working City. This means helping residents and business create more and better jobs. We do this by helping businesses access the information and support they need to grow and flourish.

You can learn more about some of the projects we’re involved in here on the Business Support and Advice pages of the website.

Or you can contact our team direct:

Ed Banks
Phone 0191 2773494
Email: edward.banks@newcastle.gov.uk

John Musham
Phone 0191 2774155
Email: john.musham@newcastle.gov.uk

Local business may also be interested in visiting the North East Growth Hub website. This digital platform provides business information, advice, knowledge and inspiration from the local business community and local, regional and national business support and finance providers.

Crowd Funding

Newcastle City Council has partnered with peer-to-peer lender Funding Circle to provide a new funding option for businesses in the city. The City Council is one of the first councils in the UK to partner with Funding Circle and committing to lend directly to businesses. This is part a drive by the City Council to promote Crowd Funding as a new and innovative option for funding business growth.

Loans are available from £5,000 - £1 million (£3 million for property finance). Loan terms of 6 months to 5 years are available. These loans are highly flexible and can be used for all sorts of requirements including: working capital, expansion capital, property, asset finance, and one-off business expenses. Typically, each loan is funded by hundreds of people.  The City Council may also participate in your loan, helping raise its profile.

To qualify, businesses must:

  • Have been trading for at least 2 years
  • Have an annual turnover of over £50,000
  • Not have suffered losses in the last 3 consecutive years

To find out more email newcastleloans@fundingcircle.com or phone 0207 832 8819.

Page last updated: 
15 November 2017
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