Over £120m in investment funds available for Northumberland SMEs

Northumberland businesses may be able to benefit from investment pot North East Fund as it collaborates with the Innovation SuperNetwork to promote funding opportunities.

The fund has helped over 80 SMEs in the last six months, including those in rural industries.

Jason Hobbs, of the North East Fund, said: “More than £120m of investment is accessible over the next five years with an anticipated 600 businesses across the North East benefitting.

“This is a great opportunity for coastal businesses, as well as those located in the surrounding Northumberland communities, to find out about investment opportunities to enable growth.”

To reach Northumberland businesses who may benefit, North East Fund is teaming up with Sunderland’s Innovation SuperNetwork to run a networking event at Amble Development Trust on Wednesday March 13.

The event will give local businesses the opportunity to meet with North East Fund managers, as well as participate in discussions and talks, featuring guest speaker Claire Hollyman from Trench Networks.

Estelle Blanks, executive director of the Innovation SuperNetwork, concluded: “Understanding the investor landscape is essential to ensuring companies are on the right path to achieve success, so we’re delighted to be working with the North East Fund to deliver this event in Amble.”