North East Development Capital Fund

Debt, mezzanine and equity finance from £400,000 to £2 million for SMEs located across North East England.

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Take the next step in your growth journey

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Investments from £400,000 - £2 million

Range of funding options available: Debt finance, mezzanine loans or equity investment.

Available to North East businesses

Available to SMEs across Durham, Northumberland and Tyne and Wear.

Flexible funding to support growth

Funding packages can be tailored to individual business needs and growth strategy.

Available to established SMEs

Targets dynamic companies with strong management teams and ambitious growth plans.

About the Fund

The North East Development Capital Fund, supported by the European Regional Fund, is part of The North East Fund, a £120 million investment programme set up to support the growth ambitions of SMEs across Durham, Northumberland and Tyne and Wear.

The Fund can invest from £400,000 to £2 million by way of debt finance, mezzanine loans or equity investment. The primary focus is on supporting established North East businesses with strong management teams who have ambitious growth plans for their local business.

Helping you grow your business

The North East Development Capital Fund is designed for small businesses that need additional capital to grow, and can support a wide range of business finance needs including:

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Purchasing new machinery

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Capital Expenditure

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Sales and marketing

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Investing in new products

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Hiring a new team

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Providing working capital

Investments led by the North East Development Capital Fund

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The North East region

With a primary focus on supporting businesses across the North East, companies based in the following local authorities may be eligible to apply:

  • Northumberland
  • North Tyneside
  • Newcastle upon Tyne
  • Gateshead
  • South Tyneside
  • Sunderland
  • County Durham

Fund postcode eligibility checker

Find out whether your business is eligible to apply to the North East Development Capital Fund by submitting your postcode to check your company is based within the region the Fund can support:

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Our local team

Our investment and portfolio executives come from a variety of commercial, financial and industry backgrounds with collective experience and skills, built up over many years, of supporting fast-growing businesses throughout the UK. Our team is here to ensure that you are one step closer to fulfilling your business's growth potential.

Bill Nixon
Bill Nixon

Managing Partner

David Nixon
David Nixon

Senior Investment Manager

Ewan MacKinnon
Ewan MacKinnon


Michael Dickens
Michael Dickens

Investment Manager

Michael Vassallo
Michael Vassallo

Investment Director

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Apply today

Complete our simple two stage application process here.

Apply now

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