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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Northern Powerhouse Investment Fund II: NEL Smaller Loans
Northern Powerhouse Investment Fund II: NEL Smaller Loans is a loan from NEL Fund Managers (British Business Bank NPIF II). Amount: £25,000–£100,000 (per Review North).
- Amount
- £25,000–£100,000 (per Review North)
- Who it's for
- SMEs in the North East and Tees Valley within the NPIF II area. Lending criteria on the NEL site.
- Deadline / status
- Open: Check with funder
- Areas
- Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham, Tees Valley
- Categories
- Loans & equity
- Official source
- https://growthhub.northeast-ca.gov.uk/finance-and-funding
- 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.
Get new North East grants every Monday
One short, free email each Monday: new schemes, changed amounts and deadlines closing that week. Every item links to its official source.
FAQ
How much can I get from Northern Powerhouse Investment Fund II: NEL Smaller Loans?
£25,000–£100,000 (per Review North)
Who is eligible for Northern Powerhouse Investment Fund II: NEL Smaller Loans?
SMEs in the North East and Tees Valley within the NPIF II area. Lending criteria on the NEL site.
What is the deadline for Northern Powerhouse Investment Fund II: NEL Smaller Loans?
Open. Check with funder. Last checked 15 Oct 2026; always confirm on the official page: https://growthhub.northeast-ca.gov.uk/finance-and-funding
Similar schemes
North East Elevate 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
Northern Powerhouse Investment Fund II: NEL Debt Finance
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