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North East Fund Launch
Posted by North East LEP on 18 Apr 2017
Please join us for the official launch of the new £120m North East Fund.
The new initiative will operate across Durham, Northumberland and Tyne and Wear providing investment finance to more than 600 businesses over the next five years. The Fund, which is supported by the European Regional Development Fund, will invest in growth companies across eligible sectors, delivered by four well established venture capital firms.
It will build on the achievements of the Finance for Business North East (JEREMIE) programme which successfully invested £160m in over 900 businesses since its launch in 2010, leveraging almost £250m of private sector investment into the region.
At the event, you will join an audience of business leaders, advisers, business angels and other investors, as well as regional policy makers and others to celebrate the launch of this important initiative.
Registration and networking starts at 8.30am followed by keynote speakers at 9.30am.
The North East Fund is supported by the European Regional Development Fund, the European Investment Bank and Her Majesty’s Government (through historic legacies generated in the North East by earlier access to finance initatives).