Northern Accelerator is an exciting collaboration between four North East universities to commercialise research and boost 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

44

Opportunities Funded

15

People Employed in Spin-Outs

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£1.8m

Pounds Allocated

£1.5m

Investment Raised by Spin-Outs since 2016

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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.


Intogral Limited

Intogral has developed a world leading technology to support the diagnosis of eye-diseases.


Magnitude Biosciences

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


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


Breath diagnostic device

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.


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