A Biotechnology firm which has pioneered technology that will advance stem cell research and could lead to a cut in the number of medical tests on people and animals has won £1.6m of investment.
Reinnervate has been researching its...
What is the focus of the Fund?
The North East Angel Fund is a £7.5m fund which invests in start-up and existing businesses with growth potential. It is not biased towards any specific industry sector but works mostly with new or early stage businesses. The fund generally invests between £50k and £150k, with the ability to attract significantly more capital from co-investors. The fund is actively engaged with the region’s early stage business community and with investors, both institutional and business angels, in the North East region as well as London and the South.
Who can apply?
Most sectors are eligible but check the website for exclusions.
Where can I get more information?
The fund is managed by:
Rivers Capital Partners
16-18 Hood Street
Newcastle upon Tyne NE1 6JQ
Tel: 0191 230 6370
Fax: 0191 261 8884
Email: info@riverscap.com
