Development Capital Fund

Delivered by North East Fund

The North East Development Capital Fund can invest from £400,000 to £2 million to support established businesses via debt finance, mezzanine loans or equity investment to help fulfil their growth potential.

The £27 million North East Development Capital Fund (NEDCF), supported by the European Regional Fund, is part of The North East Fund, a £120 million investment programme available to SMEs across Durham, Northumberland and Tyne and Wear.

NEDCF is managed by Maven Capital Partners and can provide business support and a funding boost to businesses located in, or looking to relocate to the North East.

Are you eligible?

To be eligible for the North East Development Capital Fund a business must:

  • Have a material part of its operations in the North East
  • Have fewer than 250 full-time employees
  • Operate in an eligible sector
  • You’ll be required to meet a number of funding criteria, including job creation and a contribution to economic development.

How do you apply?

In order to apply for the North East Development Capital Fund, get in touch with Maven Capital Partners here.

Find out more