A consortium led by Sunderland-based North East Business and Innovation Centre (BIC), has secured up to an additional £2m from Innovate UK to further encourage Business Angels to bring investment and expertise to pioneering innovative small and medium companies across the North.   In 2019, the same consortium, also made up of the Innovation SuperNetwork, NorthInvest and […]

A new £1.5m grant fund has been launched by the North of Tyne Combined Authority to support business innovation across North Tyneside, Newcastle and Northumberland. The North of Tyne Innovation Recovery Grant is part of the Authority’s package of support to businesses dealing with the impact of COVID-19. It is designed to enable a green […]

To deliver the Accelerating Investment and Innovation Summit Event date: 22nd or 23rd September 2021 (TBC) Company background The Innovation SuperNetwork offers specialist business support to North East entrepreneurs, start-ups and scales-ups. We connect innovation expertise and market opportunities to help regional SMEs grow. We do this through events, innovation accelerators, Access to Finance programmes, […]

A legacy project from the Great Exhibition of the North has gone on to support 142 businesses in the last two years, and during the first two waves of the Covid-19 pandemic, to grow regional innovation capacity and create 36 jobs. The GX Project provided a range of support including one-to-one specialist innovation expertise and […]

Ground-breaking solutions to the COVID-19 crisis will become reality thanks to the Challenge North East open innovation programme. Challenge North East called on North East SMEs to put forward ideas that could help society recover from the impact of COVID-19. Launched last year by the North East Local Enterprise Partnership (LEP), the challenge attracted entries […]

Revolutionary synthetic diamond production business, Dyman Advanced Materials, based at the North East Technology Park (NETPark) in County Durham, is set to disrupt the $12bn market in 2021 after raising £571,466 in equity investment.  Dr Gary Gibson, founder of Dyman commented: “We are delighted about the investment we have received and are well on track […]

Newcastle-based company leading the way in rare cancer research, Rarecan, has closed a £200,000 funding round after securing investment through the Newcastle Angel Hub and NorthInvest. RareCan completed the round with £45,000 invested by Mandashi Limited following a joint Newcastle Angel Hub and NorthInvest pitch event. Mandashi Limited focus its investments in innovation that makes […]

‘Preparing to live with Covid-19 for the long-term’, was one of the key messages to come out of VentureFest North East today, with Dr Lucy Foley, Director of CPI Biologics speaking as part of a panel on accelerating innovation in times of crisis. A focus on the longer-term impact of the last year was highlighted […]

A challenge that called on North East businesses to generate innovative solutions to the Covid-19 crisis has reached a milestone moment. The North East Local Enterprise Partnership (LEP) asked the regional business community for answers to Coronavirus-related problems through Challenge North East, a new open innovation programme. The programme saw the LEP offer funding and […]

Dragons’ Den investor and tech entrepreneur, Piers Linney is one of the inspiring keynote speakers joining the region’s innovation conference, VentureFest North East next month. Taking place entirely online for the first time, VentureFest will focus on bringing businesses practical advice and opportunities for support against the backdrop of COVID-19, with a focus on using […]