The Northern Powerhouse Investment Fund has reached a monumental milestone in its journey, successfully facilitating over £1 billion of direct and private sector co-investment to new and growing businesses across the North of England.
FIND OUT MORE find out more about NPIFs £1 billion investment
The Northern Powerhouse Investment Fund, supported by the European Regional Development Fund, provided commercially focussed finance through Microfinance, Debt and Equity Finance funds.
NPIF is a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the North West, Yorkshire, the Humber and Tees Valley.
NPIF provided over £540m of investment to boost small and medium business (SME) growth in the North of England.
The Northern Powerhouse Investment Fund has now completed its investment phase and is transitioning to the Northern Powerhouse Investment Fund II which launched on the 21st March 2024.
The new Northern Powerhouse Investment Fund II builds on the success of the first fund and will deliver £660m of investment to growing companies and will be extended to include the whole of the North East.
To find out more visit Northern Powerhouse Investment Fund II
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Meet some of the businesses who have found the right finance through our programmes and partners
We combine funding from a range of European and domestic sources, including ten LEPs that have pooled their resources to meet the financial needs of smaller businesses.
Outlines the sources of available finance for businesses ranging from start-ups to larger SMEs. It includes advice on how to make financial decisions and plan for expansion, with information drawn from British Business Bank advisors, the ICAEW and many more
The Northern Powerhouse Investment Fund has reached a monumental milestone in its journey, successfully facilitating over £1 billion of direct and private sector co-investment to new and growing businesses across the North of England.
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