North East Accelerate Fund
North East Fund, managed by Mercia Ventures · Equity / convertible loan
Initial £50,000–£350,000, up to £1m in total
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham · Checked
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Business Northumberland Investment Fund (BNIF)
Business Northumberland Investment Fund (BNIF) is a debt and equity from Northumberland County Council / Business Northumberland (Northumberland Growth Fund). Amount: £20 million fund. Investment up to £2m: equity, mezzanine finance, business loans and hybrid investments.
- Amount
- £20 million fund. Investment up to £2m: equity, mezzanine finance, business loans and hybrid investments
- Who it's for
- Growing and scaling Northumberland businesses, including those in sectors that struggle to access traditional funding. Decisions are made on a commercial basis by an independent, FCA-regulated fund manager.
- Deadline / status
- Check with funder: The council has launched procurement to appoint the fund manager (OPEN Tender Portal ref NCC1819). Check with funder before applying.
- Areas
- Northumberland
- Categories
- Loans & equity
- Notes
- Repaid investments are reinvested into new local businesses.
- Official source
- https://www.businessnorthumberland.co.uk/investment-fund/
- Last checked
Sourced North East is not the funder. Details can change, so confirm eligibility and deadlines on the official page before applying or spending money.
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FAQ
How much can I get from Business Northumberland Investment Fund (BNIF)?
£20 million fund. Investment up to £2m: equity, mezzanine finance, business loans and hybrid investments
Who is eligible for Business Northumberland Investment Fund (BNIF)?
Growing and scaling Northumberland businesses, including those in sectors that struggle to access traditional funding. Decisions are made on a commercial basis by an independent, FCA-regulated fund manager.
What is the deadline for Business Northumberland Investment Fund (BNIF)?
Check with funder. The council has launched procurement to appoint the fund manager (OPEN Tender Portal ref NCC1819). Check with funder before applying. Last checked 16 Oct 2026; always confirm on the official page: https://www.businessnorthumberland.co.uk/investment-fund/
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