• 1

Business News in County Durham

Read on to keep right up to date with the latest regional and national news with a business angle. Click on any story to read more.
FinanceCamp opens the door to North East Fund for growing businesses and entrepreneurs

FinanceCamp opens the door to North East Fund for growing businesses and entrepreneurs

Businesses seeking information and access to the recently announced £120m North East Fund will have the chance to meet with Fund Managers on Thursday 05 July at FinanceCamp.

Alongside the opportunity to discuss the different types of finance available via the fund, directly with the managers responsible for awarding investment, delegates will also hear from the North East Fund’s Chief Executive, Andrew Mitchell.

Andrew has established a series of innovative investment rounds including the JEREMIE fund, which preceded the current North East Fund. With a background working in banking and management consultancy, and as an entrepreneur, he has a unique insight into the funding needs of growing companies.

Speaking about the event, he said: “The North East Fund will open the door for a lot of businesses and entrepreneurs who are looking to take the next step in their growth journey. Figuring out what type of finance is right for them can often be a daunting task, and FinanceCamp is a great opportunity to make sense of the funding landscape. I’m thrilled our fund managers will be in attendance to discuss the options available to businesses and I’m looking forward to speaking to delegates on the day.”

The North East Fund is a £120m investment programme available to SMEs across Durham, Northumberland and Tyne and Wear. There are five funds – each with a different investment focus to suit the growth needs and sectors of applicant businesses.

Specifications