North East Accelerate Fund
North East Fund, managed by Mercia Ventures · Equity / convertible loan
Initial £50,000–£350,000, up to £1m in total
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham · Checked
Loans & equity funding for North East businesses
What loans & equity funding can North East businesses get? We list 16 schemes, 12 of them open now, including North East Accelerate Fund (North East Fund, managed by Mercia Ventures) and North East Elevate Fund (North East Fund, managed by FW Capital). Each listing shows the amount, who is eligible and the deadline, with a link to the official source. Always confirm the details with the funder before you apply or spend money.
16 schemes in this category, last checked .
Open now 12
Open or rolling, according to the official source. Ones with a closing date come first, soonest first.
North East Elevate Fund
North East Fund, managed by FW Capital · Loan / mixed loan-equity
Loans from £50,000, up to £1m for established businesses
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham · Checked
Northern Powerhouse Investment Fund II: NEL Smaller Loans
NEL Fund Managers (British Business Bank NPIF II) · Loan
£25,000–£100,000 (per Review North)
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley · Checked
Northern Powerhouse Investment Fund II: NEL Debt Finance
NEL Fund Managers (British Business Bank NPIF II) · Loan
£100,000–£2m (per Review North)
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley · Checked
Northern Powerhouse Investment Fund II: Maven Equity Finance
Maven Capital Partners (British Business Bank NPIF II) · Equity
Up to £5m (per Review North). Check with funder.
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley · Checked
Finance Durham
Durham County Council, managed by Maven · Debt and equity
Investment range: check with funder (from £150,000 per Review North)
County Durham · Checked
Start Up Loans
Start Up Loans Company (British Business Bank) · Loan
£500–£25,000 per owner (up to £100,000 per business), fixed 7.5% a year, 1–5 year term, 12 months' free mentoring
UK-wide (open to North East firms) · Checked
Teesside Flexible Investment Fund
FW Capital (backed by Teesside Pension Fund) · Loan and equity
£100,000 to £3m: property development loans £250,000–£3m, contract bond loans £100,000–£2m, loans and equity for buying a business £250,000–£3m
Hartlepool, Middlesbrough, Redcar & Cleveland, Stockton-on-Tees · Checked
UKSE business funding
UKSE · Loan and equity
Check with funder
Redcar & Cleveland, Hartlepool · Checked
Flexible Social Finance
Big Issue Invest (North East Mayoral Strategic Authority area) · Loan
£30,000–£400,000, repayable over 1 to 7 years. Interest rate negotiated, depending on affordability.
County Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside, Sunderland · Checked
North East Property Fund
FW Capital (backed by the North East Mayoral Strategic Authority) · Loan
Loans from £250,000 to £2m for residential and non-speculative commercial developments, up to 100% of build costs, repayment terms up to two years. £20m fund.
County Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside, Sunderland · Checked
North East Commercial Property Investment Fund
FW Capital (backed by the North East Mayoral Strategic Authority) · Loan
Loans from £1m to £7m for speculative and non-speculative commercial developments, up to 100% of build costs, repayment terms up to five years. £35m fund.
County Durham, Gateshead, Newcastle, North Tyneside, Northumberland, South Tyneside, Sunderland · Checked
Check with the funder 4
The official source does not say clearly whether it is open, so ask the funder before you plan around it.
Culture and Creative Investment Programme
North East CA with Creative UK · Finance plus business support
Combined finance and support package. Amounts: check with funder
North Tyneside, Northumberland, Newcastle · Checked
Innovate UK Innovation Loans
Innovate UK · Loan
Check with funder
UK-wide (open to North East firms) · Checked
North East Early Stage Equity Fund
North East Fund, managed by Mercia Regional Ventures · Equity
£35m fund. Deal sizes: check with funder
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham · Checked
Business Northumberland Investment Fund (BNIF)
Northumberland County Council / Business Northumberland (Northumberland Growth Fund) · Debt and equity
£20 million fund. Investment up to £2m: equity, mezzanine finance, business loans and hybrid investments
Northumberland · Checked
Quick answers
Which loans & equity schemes are open to North East businesses now?
12 of the 16 we list: North East Accelerate Fund from North East Fund, managed by Mercia Ventures: initial £50,000–£350,000, up to £1m in total; North East Elevate Fund from North East Fund, managed by FW Capital: loans from £50,000, up to £1m for established businesses; Northern Powerhouse Investment Fund II: NEL Smaller Loans from NEL Fund Managers (British Business Bank NPIF II) and Northern Powerhouse Investment Fund II: NEL Debt Finance from NEL Fund Managers (British Business Bank NPIF II), plus 8 more on this page. Check eligibility on the official page before you apply.
Loans & equity by area
Number of schemes listed for each area (any status).