North East Fund to support SMEs at upcoming Northern Powerhouse summit

The North East Fund Limited (NEFL), the company delivering the £120m North East Fund alongside four regional fund managers, has announced support for SMEs at the upcoming Northern Powerhouse Business Summit.

The company is getting behind The Great Exhibition of the North 2018 by calling on business owners at the expo to make one-to-one appointments with fund managers and discuss their funding needs.

Over £120m of investment is available for companies during the next five years through five funds – The Venture Fund, The Growth Capital Fund, The Development Capital Fund, The Small Loans Fund and The Innovation Fund.

More than 600 North East businesses are expected to benefit from the programme.

The North East Fund Limited CEO Andrew Mitchell said: “The Business Summit provides the region’s SMEs with networking and growth opportunities as well as a platform to showcase innovative startups and trailblazing scaleups.

“It’s the ideal event for those seeking funding and investment to grow their business, to meet with fund managers and receive the expert advice they require.”

The Northern Powerhouse Business Summit will take place July 4 - 6 at the Boiler Shop in Newcastle. It is the central business event of the The Great Exhibition of the North 2018.