Northern Angel Hub (North East Business & Innovation Centre)

We connect innovative technology ventures to investors and manage the investors’ deal flow, investor readiness activities, facilitate introductions to investors and undertake commercial due diligence. We help companies based in the North East, Yorkshire & Humber, North West and East Midlands. We have an investment focus in innovation and technology with expertise in Health Tech and Life Sciences, Digital and Technologies, Clean Growth and Advanced Manufacturing. Our ambition is to plug the geographical and gender funding gap and accelerate sustainable and inclusive investment in innovation in the North.

We support companies at pre-proof concept stage through to Series A, with ticket sizes of £150k to £3m. We represent a network of over 350 investment organisations, 25,000 investors, over 250 innovation support organisations such as universities and Catapults and we have supported over 3,500 technology and high growth companies. The consortium has an angel network of over 200 regional angel investors. The Northern Angel Hub leverages this network to grow innovative early stage businesses. We have a strong track record of supporting innovative start ups through the fundraising process and across all types of funding mechanisms with a particular focus on equity and grants.

Since the Northern Angel Hub launched in 2019, we have helped 77 businesses with a mix of grant and seed funding totalling £39m. 38% of these businesses supported have been founded by diverse entrepreneurs.

Companies and entrepreneurs working with us are able to access the support provided by the organisations powering the Northern Angel Hub. For example, the Innovation SuperNetwork runs the Accelerating Investment and Innovation Summit, VentureFest North East and the Newcastle Angel Hub. It provides expert project management, undertakes independent due diligence and assessment of applicant businesses and provides support to companies developing grant applications and fundraising. NorthInvest champions northern innovative technology and fuels the early stage economy by providing connections to early-stage funding at a critical point in the life cycle of Northern tech start-up businesses. In October 2020 NorthInvest launched Fund Her North, an initiative to improve access to funding for female-led businesses in the North of England through start-up, scale up and exit. Fund Her North also operates a women angels network.