North East England has led the way in publicly backed investment funds for SMEs.
North East Access to Finance oversees the returns generated from the 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 next generations of North East businesses.
The new North East Fund will replace the Finance for Business North East (‘JEREMIE’) fund from April 2017. Details on the Funds page of this website.
We commissioned research three years ago into the impact of publicly backed investment funds on SMEs accessing finance. This led to our Strategic Recommendations, published in June 2013, which have underpinned the development of the funds now going live.