It’s all new!
The provision of venture capital for new and growing businesses in the North East of England has had a great boost. A new £125m holding fund has been established with investments from the European Investment Bank, European Regional Development Fund and One North East (ONE), the regional development agency for the North East of England.
ONE has appointed North East Finance (NEF) to be the holding fund management company, responsible for overseeing the introduction and operation of a number of individual investment funds.
Six new funds were launched in January 2010 – managed by five different fund management companies. The funds are targeted at start-ups and growing companies across sectors and stages of development and will invest from £5,000 to £1.25m in hundreds of deals from 2010 to 2014.
More information will follow soon – please keep checking this page
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| Please contact Duncan Lowery on 07946 016 618 or email duncan.lowery@ipgroupplc.com for more information or visit www.thenortheasttechnologyfund.com | |
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| Please contact Alasdair Grieg on 0845 301 1496 or email alasdair.grieg@northstarei.com for more information or visit www.northstarei.com | |
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| Please contact NEL on 0845 111 1850 or email enquiries@nel.co.uk for more information or visit www.nel.co.uk | |
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| Please contact Andrew Coles on 07919 692 706 or email andrew.coles@fwcapital.co.uk for more information or visit www.fwcapital.co.uk | |
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| Please contact Richard Exley on 0191 229 2770 or email richard.exley@northstarei.com for more information or visit www.northstarei.com | |
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| Please contact Steve Garbutt on 0191 230 6370 or email s.garbutt@riverscap.com for more information or visit www.riverscap.com | |
Click here to visit the North East Finance website
