Conceived by Generator and Auxin OKR, the latest funding programme, Innovate:Grow, has investment from the North East Innovation Fund supported by the European Regional Development Fund. It’s managed by Northstar Ventures.
It will run two funding cohorts in May and September and is available to businesses from across a range of sectors.
CEO at Generator, Jim Mawdsley, said: “We’re pleased to support our region’s innovative businesses with the launch of this new programme of investment which will provide an invaluable platform for future business success. What we want to see are ambitious entrepreneurs with interesting and potentially market-disruptive ideas, who are confident in their product and their ability to turn it into a scalable business.”