The North East Fund

Funding for companies based in Northumberland, Tyne & Wear and County Durham

Provided by: North East Fund

Scheme details

Area: Newcastle upon Tyne, Sunderland, County Durham, Gateshead, South Tyneside, North Tyneside, Northumberland

Categories: Finance & funding, Equity, Grant, Loan, Business support

Business stage: Start-up, Trading business

Telephone: 0191 211 2300

Contact email:

With the support of the North East Combined Authority, the North East Fund has launched investment funds, which provide finance to start-up and existing companies across the North East.

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The Accelerate Fund – invests £50,000 to £1 million in innovative, early stage companies from start-up to scale-up stages, by buying shares in your company (equity investment). It is managed by Mercia Ventures, which works with ambitious founders to help them accelerate the growth of their business.

 

 

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The Elevate Fund provides loans of £50,000+ to companies seeking to finance growth plans and can invest up to £1m in more established businesses. It is managed by FW Capital which has an experienced local team who tailor finance packages to the individual needs of your company.

 

About the North East Fund

The North East Fund is a venture capital and loan programme which provides finance to companies based in the North East of England and guidance on business support available in the region.

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Take the next step...

For further information about this scheme, including how to apply, visit the provider website.

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