Supporting the region's businesses

Back to resultsFINANCE FOR BUSINESS North East Technology Fund

What is the focus of the Fund?

The investments range from £50k to £1.25m at the initial round with follow on finance available. The Fund manager
can co-invest with other institutional, private or corporate investors acting either in a lead capacity or as a syndicate
participant.

Who can apply?

Technology companies seeking finance at any stage of their maturity extending from proof of concept and seed to
development capital. To qualify for investment the opportunity should possess the following characteristics:

• A strong management team with the breadth of skills and ability to grow the company quickly. Not all of the
elements of the team need to be in place at the time of investment. We can help build the team as required.
• A focus on under-served, growing and potentially substantial markets.
• Products with international potential and a scalable business model.
• Proprietary technology with strong IPR and a defensible technological advantage over the competition.
• Market-driven rather than technology-led development and potential to achieve an exit for investors within four to
six years.