Introduction
The Three Pillars Investment Fund finances SMEs in North East England, to enable them to bring their technology ideas to market and to prepare them to attract follow-on funding.
It invests in business growth activities within the technology sectors identified for long term investment set out in the North East of England’s Regional Economic Strategy - the “three pillars” of:
- Energy
- Healthcare & Health Sciences
- Process Technologies
Investments are likely to be made at the Development to Pre-seed stage, to a maximum of €200,000, subject to State Aid rules, and the fund operates in cooperation with other regional funds including NSEI Proof of Concept and Co-Investment Funds.
The Three Pillars Fund is financed through One North East’s Innovation, Industry & Science programme and is managed by NStar on behalf of One NorthEast.
Formal application for investment is by application form in the form of a business plan, and should be submitted to the Fund Manager by email.
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