North East academic entrepreneurs set for funding boost with £1.7m investment

North East academic entrepreneurs set for funding boost with £1.7m investment

A new £1.7m investment fund has been launched to support university spin-out businesses in the North East.

Northern Accelerator is today launching the Seed Investment Fund to support academic entrepreneurship at a range of the region’s universities.

Comprising Durham, Newcastle, Northumbria and Sunderland Universities, Northern Accelerator aims to boost business innovation through its new fund.

Source: B Daily