North East BIC Overview

  • Investor Type
  • Accelerator/​Incubator
  • Status
  • Active
  • Professionals
  • 5
  • Investments
  • 3
  • Portfolio
  • 1
  • Exits
  • 2

North East BIC General Information


North East BIC is an accelerator and a not-for-profit enterprise agency which specializes in incubation, pre-seed and seed stage investments in companies. It aims to create and develop innovative businesses, by offering a wide range of business support services within a professional cost-effective structure and the firm is an active member of the European BIC Network (EBN) and is the only accredited BIC in the region. The firm provides mentoring and business space to the companies. It was founded in 1994 and is based in Tyne and Wear, United Kingdom.

Contact Information

Year Founded
Investor Status
Actively Seeking New Investments
Primary Investor Type
Other Investor Types
Not-For-Profit Venture Capital
Primary Office
  • Wearfield Enterprise Park East
  • Sunderland
  • Tyne and Wear SR5 2TA
  • England, United Kingdom
+44 0191 000 0000

North East BIC Investments (3)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Dyman 20-Feb-2020 Grant 00.00 Precious Metals and Minerals Mining Product Development 00000 000000
000000000 28-Apr-2017 0000 00000 000 Database Software Bankruptcy: Liquidation
0-0000 (0000000000 01-Feb-2012 000000000000 Electrical Equipment Generating Revenue
To view North East BIC’s complete investments history, request access »
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North East BIC Exits (2)

Company Name Exit Date Exit Type Exit Size
Synoptica 09-Oct-2020 Bankruptcy: Liquidation
0-0000 (0000000000 03-Jul-2013 000000000000000000
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North East BIC Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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North East BIC Team (4)

Name Title Deals Funds Boards Office
Paul McEldon Chief Executive Officer Tyne and Wear, United Kingdom
David Howell Director of Operations 0 Tyne and Wear, United Kingdom
Nick Devitt Project Manager Tyne and Wear, United Kingdom
Lilla Preston Special Project Manager Tyne and Wear, United Kingdom
To view North East BIC’s complete team members history, request access »

North East BIC Co-Investors (1)

Name With Exits Lead Partner Series Industry
Northstar Ventures 0 0 Series chart Industry bar
To view North East BIC’s complete co-investors history, request access »