850 of businesses in the North East are set to benefit from a £125m ’super fund’. The new fund - formerly called JEREMIE - underpins the growth of business start-ups, technology-based companies and growing smaller businesses, helping to create jobs and prosperity for the region through targeted loans and equity investments.  5 management companies will target loans and equity investments into the identified areas

• NorthStar Equity Investors will manage the £15m Technology Proof of Concept Fund and the £20m Seed Fund
• IP Group will run the £25m Technology Fund
• Rivers Capital Partners who will manage the £7.5m Angel Match Fund
• Finance Wales Investments will manage the £20m Growth Fund 500
• NEL Fund Managers will run the £20m Growth Fund.

Visit  www.onenortheast.co.uk/page/jeremie