York and North Yorkshire launch new business fund to boost growth opportunities
Get Funded programme offers support for small and medium enterprises seeking investment
The Mayor of York and North Yorkshire has announced the launch of "Get Funded," a new programme under the Business Innovation Fund aimed at tackling a significant barrier to business growth in the region.
With £200,000 in backing, Get Funded will run until December 2027, offering small and medium businesses practical assistance to navigate funding options, enhance financial planning, and prepare competitive applications for grants, loans, or investments.
The programme is designed for York and North Yorkshire businesses looking to scale capacity, expand operations, or improve their access to funding opportunities.
Mayor David Skaith highlighted the initiative's importance, stating: “We're home to incredible businesses with great ideas, but they need more than that to grow, they need investment.”
He added, “Get Funded is about breaking down one of the biggest barriers that holds back too many of our small and medium businesses.”
The programme commences with a short introductory webinar followed by a structured series of specialist workshops.
Further, 24 businesses will receive one-to-one coaching to expedite their readiness for investment.
York and North Yorkshire Combined Authority has enlisted experienced suppliers UMi to manage the programme.
UMi Chief Executive Nicki Clark expressed enthusiasm for the collaboration, stating, “UMi has a strong track-record of working within the funding ecosystem, and with our extensive experience in grant delivery and investor readiness, we believe this is a fantastic opportunity to help businesses overcome financial barriers.”