Can I apply?

Project Development Accelerator Fund applications are evaluated on the following key criteria:

  • Strategic economic fit: This fund is to support organisations in preparing clear and well-evidenced business case proposals which can move regional strategic projects closer to delivery and secure investment
  • Deliverability: will the business case for your project be complete within 12 months
  • Unlocking economic growth: How will your project and the investment achieve economic growth and outcomes including job creation, job safeguarding, brownfield land development and private sector investment?

Fill out our quick eligibility checker to see if the fund is right for your project:

Is the project within the North East LEP area (which covers the counties of Durham, Tyne and Wear and Northumberland)(Required)
Are you developing a project that is not yet fully funded(Required)
Is the project you are developing likely to cost over £10m capital or £1m revenue funding to deliver(Required)
Will the project delivery be capable of commencing by 1 April 2023?(Required)
Is the maximum amount of grant you are seeking as part of the development costs less than £100k(Required)
The Fund will provide grant aid to improve the quality and readiness of projects which contribute to the North East Strategic Economic Plan, specifically in this call we are seeking projects that support:(Required)

Before you submit, please ensure all required fields are selected. If you are unable to complete all required fields, unfortunately you are not eligible to complete the application for funding this time. If you would like more information about the North East LEP, contact us at [email protected] Please also visit the North East Growth Hub ( funding pages for further opportunities Please note that only two applications per organisation can be submitted. Each application would need to meet the eligibility criteria.