Innovation & R&D funding for North East businesses

What innovation & r&d funding can North East businesses get? We list 8 schemes, 7 of them not closed, including North East Accelerate Fund (North East Fund, managed by Mercia Ventures) and Efficient, Structured and Controllable AI Systems (Innovate UK). Each listing shows the amount, who is eligible and the deadline, with a link to the official source; 1 closed scheme is kept for reference. Always confirm the details with the funder before you apply or spend money.

There are 8 schemes in this category, last checked 19 Oct 2026.

Innovation & R&D schemes

Open

North East Accelerate Fund

North East Fund, managed by Mercia Ventures · Equity / convertible loan

Initial £50,000–£350,000, up to £1m in total

Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham · Checked

Check with funder

North East Early Stage Equity Fund

North East Fund, managed by Mercia Regional Ventures · Equity

£35m fund. Deal sizes: check with funder

Newcastle, North Tyneside, Northumberland, Gateshead, South Tyneside, Sunderland, County Durham · Checked