Wire · operational-macro
UK launches £150m north of England scaleup fund
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Fusion42 · 7 September 2026 · Fusion42 review
The UK government has launched a £150 million scaleup fund targeted at spinouts and startups in the north of England, providing investments between £5 million and £15 million, funded from existing British Business Bank allocations.
This Wire brief sits within Fusion42's coverage of Generalist.
◆ ◆ The Wire takeaway
You now have fresh capital focusing on the north of England's startups and spinouts, opening doors for scaleups outside London to secure significant government-backed growth funding. This could shift your fundraising strategy to include regional funds previously overlooked.
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1 source · 7 Sep 2026
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