Middlesbrough has been ranked joint third place in the Financial Times’ European Cities and Regions of the Future report, which ranks small cities with the best long-term investment potential. This represents a climb of 6 places in the table since the report was last published in 2018/2019.
This recognition highlights Middlesbrough’s potential to attract foreign investment, and showcases the area’s ambition and regeneration opportunities.
If you’re looking to join our success story by starting or expanding a business, or bringing your business to Middlesbrough, advice and support is available.
Middlesbrough Council
Middlesbrough Council is committed to supporting your business, whether it’s a start-up, an expansion, or a relocation.
Businesses occupying a property with a rateable value of £12,000 per year or less are currently exempt from paying business rates. The rate of relief decreases gradually from 100% to 0% for properties with a rateable value between £6,001 and £12,000.
Apply for business rate relief.
Enterprise Made Simple
Through digital and face-to-face training and coaching, Enterprise Made Simple makes sure you and your team have the skills you need for the business to succeed – whatever success looks like to you.
They cover all aspects of training that will help you grow and build your business and your teams. Big or small, we aim to work with any sized organisation and team, for both new startups and growing businesses.
Northern Powerhouse Investment Fund
The Northern Powerhouse Investment Fund (NPIF) aims to nurture regional entrepreneurship by providing investment and support for small and medium businesses between 2016 and 2023. The NPIF’s funding will support new and growing SMEs, create jobs, and encourage and attract additional private sector investment.
The NPIF provides commercial finance through three types of product funds: microfinance, debt finance, and equity finance. These funding options are designed to plug common gaps in the provision of finance, giving your business access to the funding it needs to help it grow.
Case studies
UKSE
UKSE offers tailored solutions to support buying a business, funding new and small business, support growth and green projects, and equity finance.
They’ve invested over £110m in British businesses, supporting thousands of firms and helping to create over 82,000 jobs.
Carbon-neutral business
A range of programmes are available to help your business to reduce its carbon footprint, streamline operations, and reduce costs. Current projects are designed to support your business to embrace new strategies around net zero, carbon neutral, hydrogen use, and improving processes using the latest digital technologies.
Find out more on the help your business go greener page.