March 9 @ 9:00 am – 1:00 pm
The North East Fund will unlock £350 million for job creation and business growth across the region over the next five years!
The Fund will be split into two initial parts:
The North East Elevate Fund which provides loans from £50,000+ to companies looking to finance growth by, for example, purchasing new machinery; taking on new premises or staff; launching and marketing a new product. This fund will also provide loans and mixed loan/equity investments of up to £1m to established businesses. This is managed by FW Capital.
The North East Accelerate Fund which will invest £50,000 to £1m in innovative, early-stage companies from start-up to scale-up stages, through share purchases (equity investment). This is managed by Mercia Ventures.
South Tyneside businesses and entrepreneurs can access capital to grow, innovate, and succeed.
The funds will be invested into hundreds of North East SME’s, so check if your business can benefit!
Advisor James Holloway will be at Jarrow Business Centre on the morning of 9 March. James can answer all of your questions about the funds, and how they work. He can provide support and guidance on completing a funding application – all on a free, confidential and no obligation basis.
Either drop-in or book a time slot with James Holloway call 07395791653 or e-mail: James.Holloway@northeastfund.org
