Search Results for: cumbria

News

NPIF investments in Cumbria reach £2m milestone

The Northern Powerhouse Investment Fund, delivered by British Business Bank, has announced a £2m investment milestone in Cumbria, supporting eight ambitious, high-growth SMEs in the region with finance for growth. Since its launch in February 2017, NPIF has delivered equity finance, debt finance, and microfinance solutions, ranging in size from £25,000 to £2m, to businesses … Continue reading “NPIF investments in Cumbria reach £2m milestone”

News

Maven and NPIF support growth of Cumbria-based technology company Coeus Software Ltd

NPIF – Maven Equity Finance, managed by Maven Capital Partners, one of the UK’s most active SME investors, is pleased to announce an investment of £603,000 in Coeus Software Ltd (Coeus), a workforce mobility platform provider, on behalf of the Northern Powerhouse Investment Fund (NPIF) The investment will enable the company to expand its operations … Continue reading “Maven and NPIF support growth of Cumbria-based technology company Coeus Software Ltd”

News

FW Capital strengthens Northern Powerhouse delivery with new Cumbria office and team

Following February’s successful launch of the Northern Powerhouse Investment Fund (NPIF), FW Capital has announced the opening of an office in Cumbria which will be the base of two dedicated Investment Executives. Located at Penrith’s Rural Enterprise Centre, FW Capital will be more accessible to Cumbria SMEs, enabling them to gain greater access to the NPIF funds available through NPIF – FW Capital Debt … Continue reading “FW Capital strengthens Northern Powerhouse delivery with new Cumbria office and team”

News

New appointments strengthen FW Capital’s North West portfolio management team

FW Capital has appointed two highly experienced portfolio executives to strengthen its North West team. Alistair Igo joins FW Capital’s Preston office from NatWest Bank where he worked for 31 years, 21 of which were spent in commercial lending and relationship management, working with SMEs across a wide range of sectors.  He will manage FW … Continue reading “New appointments strengthen FW Capital’s North West portfolio management team”

News

£50m investment milestone for FW Capital and Northern Powerhouse Investment Fund across the North

In just two and a half years, FW Capital has invested £50m from the Northern Powerhouse Investment Fund into 170 businesses across the North and created over 600 jobs to date. The funding is designed to drive innovation and growth across a broad range of sectors, from digital and software to manufacturing and construction. Help … Continue reading “£50m investment milestone for FW Capital and Northern Powerhouse Investment Fund across the North”

News

Grant Peggie – Powerhouse Perspective Interview

Grant Peggie, Director at the British Business Bank, has emphasised the importance of supporting the North’s smaller business to help bring about inclusive and sustainable growth that reduces the imbalances in the UK economy. The British Business Bank operates the Northern Powerhouse Investment Fund, (NPIF) which provides financing ranging from £25,000 to £2m to SMEs. … Continue reading “Grant Peggie – Powerhouse Perspective Interview”

News

NPIF North West Microfinance fund hits £3million investment milestone

Two years after launching in 2017, NPIF – BFS & MSIF Microfinance  has reached a landmark £3million lending milestone, supporting over 50 businesses across the North West. The product fund is managed by GC Business Finance in partnership with MSIF and part of the Northern Powerhouse Investment Fund (NPIF). The fund offers finance and loans … Continue reading “NPIF North West Microfinance fund hits £3million investment milestone”

Equity Finance

Coeus Software

NPIF – Maven Equity Finance, managed by Maven Capital Partners,  invested £603,000 in Coeus Software Ltd (Coeus), a workforce mobility platform provider, on behalf of the Northern Powerhouse Investment Fund (NPIF) The investment enabled the company to expand its operations in Cumbria by building its sales team and implementing a new sales and marketing strategy. … Continue reading “Coeus Software”

Debt Finance

Appleby Creamery

Cumbrian-based Appleby Creamery, an artisan cheese maker  secured a £250,000 loan from the Northern Powerhouse Investment Fund (NPIF), in a deal financed by NPIF – FW Capital Debt Finance. Founded in 2008, Appleby Creamery is located in the historic market town of Appleby-in-Westmorland in the Eden Valley.  The business specialises in making high quality, premium … Continue reading “Appleby Creamery”