North East Accelerate Fund is a equity / convertible loan from North East Fund, managed by Mercia Ventures. Amount: Initial £50,000–£350,000, up to £1m in total.
Sourced North East is not the funder. Details can change, so confirm eligibility and deadlines on the official page before applying or spending money.
One short, free email each Monday: new schemes, changed amounts and deadlines closing that week. Every item links to its official source.
Initial £50,000–£350,000, up to £1m in total
Early-stage, high-growth companies in Northumberland, Tyne & Wear and County Durham, from proof of concept to scale-up.
Open. Ongoing investment fund. Last checked 15 Oct 2026; always confirm on the official page: https://www.northeastfund.org/funds/accelerate-fund/
North East Fund, managed by FW Capital · Loan / mixed loan-equity
Loans from £50,000, up to £1m for established businesses
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham · Checked
NEL Fund Managers (British Business Bank NPIF II) · Loan
£25,000–£100,000 (per Review North)
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley · Checked
NEL Fund Managers (British Business Bank NPIF II) · Loan
£100,000–£2m (per Review North)
Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley · Checked
