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Wire · operational-macro

UK launches £150m north of England scaleup fund

Published

7 September 2026

Topic

operational-macro

Sectors

Generalist

Geography

United Kingdom

Source

Read at sifted.eu

Verified

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.

Coverage

1 source · 7 Sep 2026

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Topics

Generalistukscaleup-fundregional-developmentbritish-business-banknorth-england