Growing successful businesses
Providing funding packages tailored to the growth needs of your business
Development capital tailored to your business growth needs
As small businesses grow, large injections of funding are often needed to move them to the next level.
A simple alternative to bank finance, NEDCF can support established businesses via debt finance, mezzanine loans or equity investment.
The Fund targets dynamic businesses based in the North East with strong management teams and ambitious growth plans.
NEDCF is designed for small businesses that need funding to grow their business. Funding is available from £400,000 to £2 million.
To be eligible for NEDCF Finance a business must:
- Have a material part of its operations in the North East
- Have fewer than 250 full-time employees
- Operate in an eligible sector
- Will be required to meet a number of funding criteria, including job creation and a contribution to economic development.
In order to appraise a funding application Maven would expect to receive a range of information, some of which will be readily available and some of which the Maven team will work with you to build.
Grow your business with development capital
NEDCF can help with pretty much anything that supports business growth and job creation.
Purchasing new machinery
Filling gaps in
How to apply
To help us assess your application for funding please include the following details in your business plan:
The North East Region
The Fund is only available to businesses based in, or looking to relocate to, the North East.
Businesses based in the following local authorities may be eligible to apply:
- North Tyneside
- Newcastle upon Tyne
- South Tyneside
- County Durham.
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