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Mayor Launches £2.5million Great Ideas Fund

Great Ideas, a new £2.5million programme as part of the Mayor’s Business Innovation Fund, will give businesses the ability to tap into expert advice and grants worth up to £60,000. The initiative will support businesses of all sizes to develop their new ideas for a product or service. It will also support businesses to take a developed idea to the next stage. Businesses with the most investment-ready proposals will take their ideas to a panel of experts from the region.

York and North Yorkshire farms urged to apply for sustainability funding

Farms and businesses that have had an energy audit can now apply for funding up to £49,950 to help decarbonise their businesses. York and North Yorkshire’s Business Sustainability Programme will help farms and businesses implement changes that have been recommended by the local authority or Grow Yorkshire decarbonisation support programme or one which has been done by a suitable private sector organisation.

YNY Equity Hub Launches to Drive Business Growth in York and North Yorkshire

A new digital platform, the YNY Equity Hub, has launched to boost investment in businesses across York and North Yorkshire by connecting local enterprises with prospective investors from across the UK. Designed to tackle one of the region’s key barriers to growth, the YNY Equity Hub offers a streamlined, user-friendly portal where SMEs and start-ups can showcase their investment opportunities and growth potential.

Profitability

Profit is a measure of a business’s income relative to its expenses.  In other words, an organisation’s ability to generate revenue by using resources that it has available, such as people, materials and equipment. Unless you are running a charitable organisation, profit is generally the primary goal of a company.  As well as providing income for the owners of a business, profits allow for investment and growth. Whilst revenue growth is generally a positive indicator, we need to understand profitability if a business is to be successful.

Digital Adoption Grant - Apply Now

The Digital Inclusion Capital Grant aims to support businesses to adopt new technologies and resources, in order to increase innovation and productivity. The fund opened for applications on Monday 16 June 2025 and will close at 5pm on Monday 14 July 2025. 

YNY Equity Hub: Are you investor ready?

Soon we'll be launching the YNY Equity Hub - take a look at the available resources to ensure you're investor ready. The platform will offer a user-friendly portal where businesses can effectively present their investment opportunities and highlight their growth potential to investors nationwide.

Innovation Supper - Funding Opportunity

York Business School, Patch York and the Growth Hub are delighted to bring you our first ever Innovation Supper. The basic idea is that we provide some supper, and charge a small entry fee, we then invite local community projects to pitch for the proceeds and hold a vote to select the winner - It’s that simple!