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How we're funded

We are part-funded through the UK Shared Prosperity Fund which is a UK Government scheme that’s part of the Levelling Up agenda. The fund is providing £2.6 billion of funding for local investment by March 2025. The aim is to improve pride in place and increase life chances across the UK by investing in communities, supporting local business, people and skills.

North of Tyne Combined Authority (now administered by the North East Combined Authority) and Durham County Council are the lead authorities in their respective areas, and are the funders for this programme.

Get the real-world results you’ve been dreaming of

Greg Short

Director, Fyto

The Arrow project exceeded our expectations, providing in-depth and broad expertise in our areas of interest.
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Jurek Kozyra

Founder CEO of Nanovery

Working with Newcastle University helped us identify gaps in our team and has allowed us to employ more staff and fund PhD students. We have also cemented our relationship with the University's Centre for Cancer.
Read Success Story
Dylan McKee

Co-founder of Nebula Labs

The project went really well because NICD are obviously specialists at what they do and we are specialists at the technology that we work with. So, the two of us coming together was a really good combination and collaboration because we brought our skills from the app sector and they added their expertise in AI, data analysis and machine learning.
Read Success Story
Janine Craig

Shop by Shape Founder

That first conversation with Arrow was a revelation. I hadn’t realised how much help was available from the Universities right on my doorstep. The expertise and brilliant minds at the National Innovation Centre for Data have accelerated my progress in a way I’d never thought possible.
Read Success Story
James Harriman-Smith

Senior Lecturer and Public Orator, Newcastle University

I would encourage colleagues to do an Arrow project as it provides a pathway to interact with local businesses, and a new way of looking at their research.
Ryan Waite

Research Scientist, LightOx

Working with Arrow allowed us to research a topic we wouldn’t have been able to spare the resources for internally. The work was done very well and produced results worth following up on. We would recommend Arrow to others.
Glenda Devlin

Founder and MD, Your Health and Care Ltd

Thanks to Arrow, I was able to realise and better understand specific business and market opportunities.
Dik Barton

COO & Founder, Armatrex

There’s no way as a start up SME commercial entity that we’d be where we are now without the support of Arrow.
Julie Wilson

Co-founder, Settld

Arrow helped us develop our MPV which helped us win two Innovate UK Awards and seed funding. I would definitely recommend working with Arrow
Jo Yuill

Founder, Yu Cook

Arrow has helped us move forward through research into recycled materials, research into energy efficiency, and support to prototype our product. It’s been so, so helpful to move our business forward.
Greg Short

Director, Fyto

The Arrow project exceeded our expectations, providing in-depth and broad expertise in our areas of interest.
Read Success Story
Jurek Kozyra

Founder CEO of Nanovery

Working with Newcastle University helped us identify gaps in our team and has allowed us to employ more staff and fund PhD students. We have also cemented our relationship with the University's Centre for Cancer.
Read Success Story
Dylan McKee

Co-founder of Nebula Labs

The project went really well because NICD are obviously specialists at what they do and we are specialists at the technology that we work with. So, the two of us coming together was a really good combination and collaboration because we brought our skills from the app sector and they added their expertise in AI, data analysis and machine learning.
Read Success Story
Janine Craig

Shop by Shape Founder

That first conversation with Arrow was a revelation. I hadn’t realised how much help was available from the Universities right on my doorstep. The expertise and brilliant minds at the National Innovation Centre for Data have accelerated my progress in a way I’d never thought possible.
Read Success Story
James Harriman-Smith

Senior Lecturer and Public Orator, Newcastle University

I would encourage colleagues to do an Arrow project as it provides a pathway to interact with local businesses, and a new way of looking at their research.
Ryan Waite

Research Scientist, LightOx

Working with Arrow allowed us to research a topic we wouldn’t have been able to spare the resources for internally. The work was done very well and produced results worth following up on. We would recommend Arrow to others.
Glenda Devlin

Founder and MD, Your Health and Care Ltd

Thanks to Arrow, I was able to realise and better understand specific business and market opportunities.
Dik Barton

COO & Founder, Armatrex

There’s no way as a start up SME commercial entity that we’d be where we are now without the support of Arrow.
Julie Wilson

Co-founder, Settld

Arrow helped us develop our MPV which helped us win two Innovate UK Awards and seed funding. I would definitely recommend working with Arrow
Jo Yuill

Founder, Yu Cook

Arrow has helped us move forward through research into recycled materials, research into energy efficiency, and support to prototype our product. It’s been so, so helpful to move our business forward.
Ready to innovate?
See all success stories

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