NORTH EAST EQUITY MATCHING FUND

NEEMF is an innovative and unique venture capital co-investment fund which aims to generate and increase Business Angel activity in the North East of England. NEEMF can match, on a pari passu basis, investments made by private investors or business angels who may not have sufficient resources to wholly fund the business or where they wish to spread the risk. The investment range is from £25,000 to £100,000 in the first round with the capacity to aggregate up to £200,000 in a second round after nine months has elapsed. The total equity raised in the initial round must not exceed £350,000. Typical investment size is £75,000.