Stakeholders

The £159.5m Finance for Business North East Funds programme is funded by the European Regional Development Fund, the European Investment Bank and the United Kingdom government.

European Regional Development Fund

The Finance for Business North East project is part financed by the European Regional Development Fund (ERDF), managed by the Department for Communities and Local Government, securing £59.25m of ERDF investment.

The ERDF Competitiveness Programme 2007-2013 is bringing over £300m into the North East to support innovation, enterprise and business support across the region.

This project will make a major contribution to the ambition of the ERDF Competitiveness Programme 2007-2013 by increasing the number and survival of business start-ups in the region and by promoting and embedding science, technology and innovation within the region's business base.

www.communities.gov.uk/regeneration/regenerationfunding/europeanregionaldevelopment/

European Investment Bank

The European Investment Bank (EIB) is the EU Bank. Its shareholders are the 27 Member States of the Union, which have jointly subscribed its capital.  The EIB supports the EU's policy objectives in various ways, including stimulating investment by small and medium sized businesses.

www.eib.org/

Department for Business, Innovation & Skills/Capital for Enterprise

The UK government's Department for Business, Innovation and Skills provides funding for the Finance for Business North East programme, via Capital for Enterprise.

www.bis.gov.uk/ 

www.capitalforenterprise.gov.uk/home

Latest News

Invitation to tender for provision of consultancy services to undertake a final evaluation of the English JEREMIE funds

North West Business Finance, Finance Yorkshire and North East Finance are seeking to commission an independent evaluator to carry out a final evaluation of their JEREMIE venture capital and loan funds. This is a requirement of their European Regional Development Fund funding

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Procurement of Venture Capital Portfolio Management Services

North East Finance is seeking to appoint a fund management organisation to take over the management of the investment portfolio of NEF's Finance for Business North East Technology Fund from the current fund manager and, potentially, to manage other venture capital investments from within NEF's portfolio.

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Events

Prepare & Pitch Event: Is your business investor ready?

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Pitch Perfect

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The Funds

Find out more about our seven funds to help business

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Focus on Teesside

Find out how North East Finance is helping fund growth in Teesside

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North East Finance (Holdco) Ltd. Registered office, North East Finance (Holdco) Ltd, First Floor 33 Grey Street Newcastle upon Tyne NE1 6EE, Company Registration No. 07000577
“North East Finance” and “Finance for Business North East Microloan Fund” are trading names of North East Finance (Subco) Limited (Registered Number 07039229), which is authorised and regulated by the Financial Conduct Authority with reference number 718870