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North East Access to Finance was set up to oversee the re-deployment of legacies from previous investment funds in North East England. Returns from these programmes will be used to set up new financial instruments to support SMEs in the area. Significant match funding will be levered from the European Regional Development Fund and other sources.
NEA2F commissioned EKOS during 2013 to carry out an authoritative study on the role of public investment funds in assisting SMEs to access finance. They assessed the economic impact of public funds in North East England, looking at supply and demand and lessons to be learned from earlier funds. We published our Strategic Overview and Recommendations following this research. The document sets out a clear strategic direction, which we hope can be applied not only in the North East but at a national level. You can read this report at the following link NEA2F 06-13 Future A2F Strategic Overview
For many years, North East England has led the way with publicly backed investment funds to support SMEs. The current Finance for Business North East funds have been highly successful, and will go on investing until late 2016. Right now, we are working with funding partners and the Local Enterprise Partnerships to develop successor funds to benefit the next generation of North East businesses.
Disclaimer: The information contained in this website is meant only as a guide. NEA2F accepts no responsibility for actions taken in reliance on or in connection with this website. Where reference is made to external publications or websites, the views expressed are those of the authors of those publications or websites and 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.