Appraisal Criteria
The Three Pillars fund invests in business growth: in development of investor readiness or to prepare companies for a step change. Applicants should understand the next stage of their businesses and the steps needed to achieve it. Only projects that demonstrate this potential for growth are likely to receive funding.
Applications are appraised as investments and decisions to invest are made on a strictly commercial basis.
Contribution to Regional Development
A primary objective of the Three Pillars Fund is to transform the climate for technology and early stage business investment in the region. Investments are helping to catalyse innovation from the North East’s science and technology base, in both academia and the business community. Applicants who are “inward investments” must meet the basic eligibility criteria and commit to the region.
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