R & D Funding North East England

One

North East

New financial support for innovation may be found in the North East

* A £7.5 million Angel Match Fund that will offer early-stage investments ranging between £50,000 and £150,000.
* A £15 million Technology Proof of Concept Fund targeting very early-stage technology businesses with investments ranging between £20,000 and £100,000.
* A £20 million Growth Fund for mature companies at the development and growth stages offering investments between £50,000 and £400,000.
* A £20 million Seed Fund for pre-start and early-stage firms that can invest between £50,000 and £750,000.
* A £25 million Technology Fund providing investments worth between £50,000 and £1.25 million to technology-based companies at any stage of development.
* A £20 million Growth Fund 500 that will invest between £350,000 and £1.25 million into relatively mature companies that need growth capital.