Skip to content
SMEs experience growth with Northumbria University funding

Press release -

SMEs experience growth with Northumbria University funding





Following the launch of its ERDF funding scheme in March, Northumbria University continues to offer support to SMEs based in Tyne and Wear and Northumberland. 

Through funding worth up to £1.9 million, the Northumbria Enterprise and Business Support 2 (NEBS2) scheme includes a financial contribution to help small businesses employ graduates typically on 6-month internships programmes. Applications continue to arrive as more SMEs sign up to the scheme and project activity increases within the region. 

Over 150 businesses benefited from the previous scheme with 81% of SMEs reporting that they retained the graduate within their business after completion of the internship. A previous beneficiary of this funding, Tim Cantle-Jones, Chief Executive Officer at Smart Grid Controls highlights the importance of the scheme and the benefits to the organisation. “Over the years we have offered internships to a number of students from Northumbria University. Most of those graduates have subsequently joined us in a full-time role and it has been a pleasure to watch talent grow. Northumbria University really understand the needs of local employers and always go the extra mile to ensure internships are a success. The Northumbria University Alumni is hugely impressive, we are delighted to continue to support their programmes and to welcome talented students into our business.”

Funding support will run until June 2023 and aims to support 120 SMEs and graduate starts up, including those in the third sector. For business looking to respond effectively to the challenges of COVID-19, and recruit highly talented and motivated graduates then there is still time to apply. 

Interns will be paid by the SME for up to 6 months in a graduate position to meet the business needs of the organisation with the project providing a maximum financial contribution to salary of £4,050 for a 6-month internship (45%) with pro-rata funding available for shorter internship durations.

To find out more about this exciting opportunity, and potentially identify a longer-term or permanent member of staff please contact internships@northumbria.ac.uk


Topics

Categories


Northumbria is a research-rich, business-focused, professional university with a global reputation for academic excellence. Find out more about us at www.northumbria.ac.uk --- Please contact our Media and Communications team at media.communications@northumbria.ac.uk with any media enquiries or interview requests --- 

Contacts

Rik Kendall

Rik Kendall

Press contact PR and Media Manager Business and Law / Arts, Design & Social Sciences 07923 382339
Andrea Slowey

Andrea Slowey

Press contact PR and Media Manager Engineering and Environment / Health and Life Sciences 07708 509436
James Fox

James Fox

Press contact Student Communications Manager
Kelly Elliott

Kelly Elliott

Press contact PR and Media Officer
Rachael Barwick

Rachael Barwick

Press contact PR and Media Manager 07377422415
Ruth Lognonne

Ruth Lognonne

Press contact PR and Media Officer 07971274253
Gemma Brown

Gemma Brown

Press contact PR and Media Officer

#TakeOnTomorrow

Northumbria University is a research-intensive university that unlocks potential for all, changing lives regionally, nationally and internationally.

Northumbria University, Newcastle
Northumbria University, Newcastle
NE1 8ST Newcastle upon Tyne
United Kingdom