£35m North East Accelerate Fund is off to a flying start
- gracebell7
- 49 minutes ago
- 1 min read
A new £35m fund that aims to nurture the next generation of high-growth North East businesses has attracted over 50 applications within three weeks of its launch.
The North East Accelerate Fund, which is managed by Mercia Ventures, offers up to £1m investment for early-stage companies across the region. Mercia says the assessment process is well underway, with the first deals expected to complete early in the new year.
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