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Innovation Fund

Provided by North East Fund

The coronavirus is causing huge difficulties for businesses in the region. The North East Fund, and our fund managers, are continuing to support SMEs with their financing needs.

For Northumberland, Tyne & Wear and County Durham based businesses, and entrepreneurs looking for financial support or advice with projects that may help tackle issues caused by coronavirus, please email [email protected] with a short summary of your project and your requirements. A member of the team will get back to you.

You can also contact our fund managers directly via the links on this page.

The Innovation Fund looks for strong teams with scalable opportunities, and will invest up to £500,000 by way of loans or equity. Where possible, it will look to provide further investment to support accelerated growth.

If funding of more than £500,000 is required, the fund managers will work with SMEs to identify potential investors who may provide additional finance as part of a syndicate. 

The fund is managed by Northstar Ventures. 

Tagged under Scaleup Coronavirus Covid19