High-Level bridge, Newcastle upon Tyne

North East Access to Finance – Supporting the Region’s Businesses

North East England has led the way in publicly backed investment funds for SMEs. North East Access to Finance oversees the returns generated from investments made by these funds, which were supported by the European Regional Development Fund and the UK Government.

We work closely with Local Enterprise Partnerships and funders to re-deploy these returns, and to secure match funding, for the benefit of future generations of North East businesses.

The new North East Fund will replace the Finance for Business North East (‘JEREMIE’) fund in 2017. More details at http://northeastfund.org/ and on the Funds page of this website. The fund has benefitted from the findings of research commissioned by NEA2F in 2013 to analyse the impact of publicly backed funds on SMEs accessing finance.

The information contained in this website is meant only as a guide and NEA2F accepts no responsibility for actions taken in reliance on it. Where reference is made to external publications or websites, NEA2F accepts no responsibility for their content or accuracy. Whilst every reasonable endeavour has been made to ensure that information on this website is accurate and up to date, NEA2F makes no warranty or representation that this is the case.

Current Opportunities

 Recruitment of Non-Executive Director for North East Finance

North East Finance Holdco Limited (NEF) is seeking to appoint a capable individual as a non-executive director.

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 in North East England from 2010 to 2017.  NEF has been funded principally by the European Regional Development Fund, the European Investment Bank and the UK government.  There are seven sub-funds which are all now fully-invested and in their realisation phase.  The next few years remain critical to the overall success of the FBNE programme – with significant repayments due to the EIB and the imperative then to maximise the legacy of the programme, in terms of financial returns for reinvestment in the North East and the impact on business in the region. 

NEF seeks a director who can help the company achieve these objectives and who will assume a major role in the governance of the company. The successful applicant will have experience at board level in a venture capital or private equity business and/or a track record in corporate finance, investment banking or broking and strong networks with key players in the SME investment sector. 

Closing date 25 August 2017: see link for further details and application process.