News

September 7, 2026

UK government seeks fund manager for £150m northern scaleup fund

The fund, which will come from money already allocated to the British Business Bank, will provide investments of £5m-15m to companies in the north of England

Tom Nugent

2 min read

The UK government has launched a new £150m scaleup fund to back spinouts and startups across the north of England.

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Tom Nugent

Tom Nugent is Sifted’s managing editor. He covers robotics, chips and university spinouts. Follow him on X and LinkedIn

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