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North East Access to Finance was set up to co-ordinate and manage the re-deployment of legacies from previous investment funds in North East England, to provide new forms of support for the benefit of SMEs in this part of the country. This new funding will come from the financial returns from previous regional investment programmes that will be re-used in new funds, but with significant leverage of match funding from other sources, including the European Regional Development Fund.
In 2013, NEA2F commissioned a study which provided an authoritative analysis of the role of public investment funds had played in assisting SMEs to access finance. The findings and recommendations from this research are being used in the development of the new ‘JEREMIE’ fund for North East England. NEA2F are members of the team responsible for the development of JEREMIE2 and are working with key partners including North East Finance and the North East and Tees Valley Local Enterprise Partnerships. It is intended that this fund will be ready to go live when the current Finance for Business North East fund ceases investing, at the end of 2015. View copies of the findings and recommendations.
Disclaimer: The information contained in this website is meant as a general guide only. NEA2F accepts no responsibility for any actions taken or not taken in reliance on or in connection with this website. Where reference or links (which may not be active links) are made to external publications or websites, the views expressed are those of the authors of those publications or websites which are not necessarily those of NEA2F and NEA2F accepts no responsibility for the contents or accuracy of those publications or websites. Whilst every reasonable endeavour has been made to ensure that all information provided on this website is accurate and up to date, NEA2F makes no warranty or representation that this is the case. We make no guarantee of any specific outcome from the use of this website.