FinanceCamp North East is being pitched as the smart new way for regional businesses to secure the right kind of investment to fit their plans for growth.
This new programme of support will culminate in a major event on 21st June 2016 at Ramside Hall, Durham, where businesses with bright ideas will meet lenders who want to lend and investors who want to invest.
Enterprises of all sizes, structures and sectors are now being urged to apply for the programme to explore different ways to finance their ambitions – whether that's through a start-up loan, a multi-million pound equity deal or anything in between.
FinanceCamp has been shaped by input and ideas from a wide cross section of businesses, government bodies, research and educational institutions, business representation groups and support organisations who have an interest in accelerating innovation in the region.
It's being delivered by the team behind the region's annual innovation conference Venturefest North East, to build on the popularity of its investor introduction sessions and provide more opportunities throughout the year to simplify the investment process.
Support provided to businesses taking part in FinanceCamp will be tailored to their needs, stage of growth and structure.
Expert advisers will work with each participant to explain all of the finance routes open to them, weigh up what fits their plans best and prepare their proposition to make it as attractive as possible to investors. Once they are fully prepared, businesses will then be introduced to a range of potential funders.
FinanceCamp has backing from the North East LEP, North East Finance, the North East BIC and Innovate UK, and with part-funding from the European Regional Development Fund.