One of the North East venture capital firms has strengthened its team with a new appointment.
Northstar Ventures has recruited investment manager Wesley Hartley, 33, to support start-up and early stage companies seeking investment from the Proof of Concept Fund.
In his role as investment manager Hartley, from Burnley, Lancashire, who previously worked in social finance, will be responsible for assessing and completing investments from the fund.
Hartley, who graduated from Northumbria University, said: “Northstar has an excellent reputation within the industry and I’m really looking forward to meeting lots of enterprising companies and individuals with exciting ideas.”
Ian Richards, director at Northstar Ventures, added: “We are confident Wesley’s experience in providing strategic development services for various third-sector organisations, allied to his proven expertise within the financial sector, will make him a valuable addition to our team.”
The Finance for Business North East Proof of Concept Fund is backed by the European Regional Development Fund and the European Investment Bank.