The Innovation Fund looks for strong teams with scalable opportunities and invests up to £500,000 by way of loans or equity. Where possible, it provides further investment to support accelerated growth.
If funding of more than £500,000 is required, the fund managers work with SMEs to identify potential investors who may provide additional finance as part of a syndicate.
The fund is managed by Northstar Ventures and they’re looking for innovative founders, strong teams and scalable ideas, and are open to all sectors.
How do you apply?
To apply for the North East Innovation Fund, get in touch with Northstar Ventures here.Find out more