home > our support > seed fund
Seed Fund
We have an investment fund of seed capital to help spin-outs validate business models and demonstrate value to investors.
Northern Accelerator is making a long lasting impact on the North East’s innovation ecosystem.
Alongside the creation of a venture capital fund, our seed fund allows spin-outs to demonstrate their value, supporting a pipeline of ambitious, globally scalable businesses.
The fund, managed Northstar Ventures, has made significant investments in businesses with the best commercial ideas and high growth potential in a targeted group of sectors including healthcare, clean technology and data.
We’ve invested £1.8m in 9 businesses, as part of funding rounds that raised an overall £6.2m – therefore helping to leverage significant funding from other investors.
I very much welcome Northern Accelerator’s launch of a Seed Investment Fund. This is an important step along the way for a vital development in the North East that can increase commercialisation of university research and address the Government’s levelling up agenda.
Frequently asked questions
You can read more about the seed investment fund and the businesses we’ve invested in here:
To Date We Have
£1.8m
Invested from our Seed Investment Fund
£102m
Investment Raised by Spin-Outs since 2016
9
Investments from our Seed Investment Fund
