Get funding for business improvement initiatives and special hotel projects
NBSL (The North East Business Support Fund) can support your hotel to grow by offering hotel businesses in County Durham, Tyne & Wear & Northumberland funding grants for special projects.
If you are a small to medium sized business, have been trading for more than 12 months, are based in County Durham, Tyne & Wear or Northumberland and want to grow & expand your business, you are likely to be eligible. You can find out more here
You can apply for a business grant of up to 40% for projects costing between £2,500 and £8,000 (a maximum grant of £3200). - you can use the grant for almost any type of business support that will help your business to grow.
What kind of projects can be funded?
Hotel revenue management projects that could be included would include examples such as:
* Revenue management tools that will provide process improvements and efficiencies
* Strategy development
* Support and advice to access new markets
* Web-site design and development to allow you to drive direct business to your own web-site
* Succession planning through revenue management training
* Other business improvement services
How can I apply?
If you have already accessed NBSL funding grants, you are still able to reapply for funding under a new scheme from June 2018. If you are interested in taking the next step, please complete the NBSL funding application here.
Octopus Revenue are proud to be registered providers with NBSL so please give us a call or email us to find out how we can help your hotel to flourish. We have already supported many clients, delivering a lot of successful projects.
If you have any questions or would like any guidance please don’t hesitate to get in touch
