About the Fund

What is it ?

The North East Angel Fund is a specialist early stage seed fund investing innew and established small companies with growth potential in the North East of England.

With7.5 million capital it is one of a suite of funds established byNorth East Finance and forms part of the125m Finance for Business funds in the region.

The Fund will typically invest between 50,000 and 150,000 in any one funding round. It can invest initially on its own but seeks to involve private investors whenever appropriate.

An average funding round could be 300,000 where the Angel Fund invests 100,000 alongside business angel and or other venture capital institutions.

The Fund also made smaller initial investments to pump-prime new-start and spin-out type business propositions where it sees the potential to help them on to further finance.

The Fund operates as a normal venture capital fund, with investment terms to match. It doesalsohave a mission to stimulate Business Angel activity in the North East region and works with business angels in the North East and beyond.

For more details contact us at:

Tel: 0191 230 6370