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People: Confederation of British Industry; Yorkshire Building Society; Rise at Seven; and more

The latest moves from across the region ....

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Northern Gritstone secures first close of £215 million ahead of making its first investments

Northern Gritstone secures first close of £215 million ahead of making its first investments
miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.

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Spin-out backer announces £215m of investment funds

Spin-out backer announces £215m of investment funds
miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.

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Key regional leadership role for CFO

Jane Madeley, the University’s Chief Financial Officer, has been named as the next Chair of the CBI’s Yorkshire & Humber Regional Council. Taking up ....

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Northern universities plan £500m raise to invest in start-ups and scale-ups

by Alistair Hardaker
Investment company Northern Gritstone, launched by the universities of Leeds, Manchester and Sheffield, has announced plans to raise up to £500m from strategic corporate partners, institutional investors, and qualifying individuals.
The new investment company is hoped to help boost the commercialisation of university spinouts and start-ups in the North of England.
These businesses will either be newly formed spinouts or ones historically founded by or linked to the universities, in areas such as advanced materials and manufacturing, health and life sciences, artificial intelligence, and data sciences.
The three universities initially came together in 2018 to create the Northern Triangle Initiative and secured a £5 million award from the Research England Connecting Capabilities Fund (CCF). ....

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