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Back to Northern Powerhouse Investment Fund News – Issue 19

NPIF – Impact to date

We’re proud to continue to support businesses across the North – find out more about our impact here.

Since its launch in 2017, the Northern Powerhouse Investment Fund has proved pivotal to the growth and success of small businesses across the North.

The Fund has been transformational in building a stronger Northern business community. The impact that it has had is clear, from enabling businesses to build skilled teams and create new products and services to supporting organisations in adopting more sustainable operations.

NPIF offers microfinance between £25,000 and £100,000, debt finance between £100,000 and £750,000 and equity finance up to £2m.

The Fund has invested over £405m across 1636 investments  since its launch in 2017. These deals have attracted an additional £613m of investment from the private sector, giving a combined value facilitated by NPIF of over £1bn

The Northern Powerhouse Investment Fund works with Combined Authorities, Local Enterprise Partnerships, Growth Hubs and fund managers across the North to support businesses across the North West, Yorkshire and Humber and Tees Valley regions.

Editors Notes