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North East England has led the way in the provision of publicly backed investment funds to support SMEs. North East Access to Finance was set up to oversee the returns generated by such financial instruments and to re-deploy them into new funds for firms in the region, with match funding from the European Regional Development Fund and elsewhere. The Finance for Business North East fund will be 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.
NEA2F commissioned EKOS to carry out a research study on the impact of publicly backed investment funds in assisting SMEs to access finance. Based on this research, we published our Strategic Overview and Recommendations, setting out a clear strategic direction which can be applied not only in the North East but nationally. You can read this report at the following link Strategic Overview web version
If you are looking for business support advice, please either call 0300 456 3565 or click on this link https://www.gov.uk/business-finance-support-finder.