# New foundation to support social enterprises in NE England

- Link: https://fundraising.co.uk/2015/04/23/new-foundation-to-support-social-enterprises-in-ne-england/
- Published: 2015-04-23T14:00:27+01:00
- Author: Howard Lake

**Venture capital company Northstar Ventures has established a registered charity,
The Northstar Foundation, which will support the development of entrepreneurship
and social enterprises that benefit excluded and deprived communities in the North
East of England.**

Alasdair Greig, Director of Newcastle-based [Northstar Ventures](http://www.northstarventures.co.uk),
said:

> “As part of our commitment to supporting our community and the recent expansion
> of our fund management expertise into social investment, The Northstar Foundation
> has been set up to provide additional support for social investment in the North
> East. This follows our appointment as managers of the North East Social Investment
> Fund.”
> 
> ## Advertisement
> 

![Alasdair Greig, Northstar Ventures](https://www.fundraising.co.uk/wp-content/uploads/
2015/04/alasdair-greig.jpg)

Alasdair Greig, CEO, Northstar Ventures

Tony Henfrey, who is both Chairman of Northstar Ventures and Chair of the Trustees
of [The Northstar Foundation](http://www.northstarventures.co.uk/the-northstar-foundation),
added:

> “I am delighted to be working alongside Northstar Ventures to get the Foundation
> actively involved with social investment in the North East. This is a really exciting
> project, and it reinforces Northstar Ventures’ commitment to help our community
> even further.”

## No unsolicited applications

A statement by the Foundation reveals that it has already identified a number of
charitable activities to focus on “so we are not generally in a position to respond
to unsolicited requests for grants or donations”.

 * **[Virgin Money Foundation opens first grants round](https://fundraising.co.uk/2015/08/14/virgin-money-foundation-opens-first-grants-round/)**(
   14 August 2015)
 * **[Virgin Money Foundation support for the North East](https://fundraising.co.uk/2015/12/11/virgin-money-foundation-support-for-the-north-east/)**(
   11 December 2015)
 * **[Virgin Money Foundation seeks North East projects in second funding round](https://fundraising.co.uk/2016/05/16/virgin-money-foundation-seeks-north-east-projects-second-funding-round/)**(
   16 May 2016)

![Loading](https://fundraising.co.uk/wp-content/plugins/page-views-count/ajax-loader-
2x.gif)