Stakeholders

The £159.5m Finance for Business North East Funds programme is funded by the European Regional Development Fund, the European Investment Bank and the United Kingdom government.

European Regional Development Fund

The Finance for Business North East project is part financed by the European Regional Development Fund (ERDF), managed by the Department for Communities and Local Government, securing £59.25m of ERDF investment.

The ERDF Competitiveness Programme 2007-2013 is bringing over £300m into the North East to support innovation, enterprise and business support across the region.

This project will make a major contribution to the ambition of the ERDF Competitiveness Programme 2007-2013 by increasing the number and survival of business start-ups in the region and by promoting and embedding science, technology and innovation within the region's business base.

www.communities.gov.uk/regeneration/regenerationfunding/europeanregionaldevelopment/

European Investment Bank

The European Investment Bank (EIB) is the EU Bank. Its shareholders are the 27 Member States of the Union, which have jointly subscribed its capital.  The EIB supports the EU's policy objectives in various ways, including stimulating investment by small and medium sized businesses.

www.eib.org/

Department for Business, Innovation & Skills/Capital for Enterprise

The UK government's Department for Business, Innovation and Skills provides funding for the Finance for Business North East programme, via Capital for Enterprise.

www.bis.gov.uk/ 

www.capitalforenterprise.gov.uk/home

Latest News

North East Finance (Holdco) Limited (NEF) is seeking to appoint a capable individual to join the board of the company as a non-executive director - NOW CLOSED

NEF is the holding fund manager of the Finance for Business North East (FBNE) programme, a suite of venture capital and loan funds which invested £160m in SMEs based in the North East of England from 201-2017.

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Recruitment of Non-Executive Directors for the North East Fund - NOW CLOSED

Two independent non-executive directors are sought to join the Board for North East (SVP) Ltd, the holding fund management company for the North East Fund, from April 2017.

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Events

Prepare & Pitch Event: Is your business investor ready?

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Pitch Perfect

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The Funds

Find out more about our seven funds to help business

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Focus on Teesside

Find out how North East Finance is helping fund growth in Teesside

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North East Finance (Holdco) Ltd. Registered office, North East Finance (Holdco) Ltd, First Floor 33 Grey Street Newcastle upon Tyne NE1 6EE, Company Registration No. 07000577
“North East Finance” and “Finance for Business North East Microloan Fund” are trading names of North East Finance (Subco) Limited (Registered Number 07039229), which is authorised and regulated by the Financial Conduct Authority with reference number 718870