Northern Accelerator is an exciting collaboration between the North East’s universities, creating real-world impact from world-leading research, commercialising innovation and boosting the region’s economy.

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North East academic entrepreneurs set for £1.7m funding boost General News

North East academic entrepreneurs set for £1.7m funding boost

Northern Accelerator has today launched a new £1.7m seed investment fund that aims to grow the region’s economy by building on its successful record of creating innovative spin-out businesses.

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To date we have

£2.1m

Pounds Allocated

25

CEOs placed in start ups

28

Businesses created

186

Academics Trained

Case studies

Newcastle University Atelerix

Atelerix was the first Northern Accelerator spin-out, with CEO Dr Mick McLean recruited through the project’s ‘Execs into Business’ programme.


Durham University Magnitude Biosciences

This Durham University spin-out is helping companies discover and develop new age-related treatments faster.


University of Sunderland Research to treat rare genetic diseases

Healthcare experts and collaborators at Sunderland have been awarded funding of almost £50,000 from Northern Accelerator to develop a drug for the pre-clinical proof-of-concept stage over the next eight months


Northumbria University PulmoBioMed Ltd

This innovative device could revolutionise the way we diagnose diseases, such as the newly emerged strain of coronavirus, COVID-19. To date, systems that diagnose from breath sampling have not proven to be reliable enough due to contamination, sample loss and variability issues.


Durham University gliff.ai

gliff.ai is an innovative artificial intelligence (AI) company with ambitious plans to treble their staff headcount, expand into international export markets and secure multi-million-pound investment over the coming year.


Durham University Professor Ritu Kataky

Professor Kataky’s innovative work with biofilms to control the formation and spread of bacteria will make a real-world impact in the form of smart bandage technology. This can reduce reliance on antibiotics and improve patient outcomes, by reducing the risk of disease and infection when treating wounds.


Newcastle University Professor Che Connon

Professor Che Connon is a serial academic entrepreneur, spinning out three companies from Newcastle University and bridging the gap between academia and private enterprise.


Newcastle University Dr Martina Miotto

Growing up in North-Eastern Italy, Martina had a passion for STEM from a very young age.