May 1, 2019
Our funds provide loans and equity investment to SMEs based in Northumberland, Tyne & Wear and County Durham, ranging from £10,000+ for start-up businesses to £1 million+ to help take them to the next level. We can be the sole funder, or can help plug funding gaps and find co-investors with additional cash, insight and industry contacts.
The £17 million invested so far has attracted over £20 million of co- investment from UK and international investors. With a further £100 million to invest over the next four years, ambitious business managers and professional advisors should speak to us and our fund managers.
Our fund managers can provide advice and assistance to help develop business plans and complete funding applications. Our Small Loan Fund offers unsecured loans (usually between £10k and £50k) to trading businesses across a range of sectors from manufacturing to B2B services. Our funds are also supporting the commercialisation of intellectual property from universities and industrial R&D spin-out activity, as well as the North East’s burgeoning software and digital sectors including support for companies to participate in various business accelerator programmes across the region.
North East Fund
Please contact the North East Fund or individual fund managers for further information, including advice on which fund best suits your company’s requirements.