Vimeo logo LinkedIn logo

Newsletters

npif stripes
3 men and a woman from Cress Systems smiling outside the office building

The appetite for funding remains strong across all LEP areas. This has enabled the Northern Powerhouse Investment Fund to continue to secure a strong momentum of deals in a wide range of businesses. A combined total of almost £1 million has been invested into the following six businesses through the NPIF appointed fund managers: 

  1. Revolution Waves

York-based Revolution Waves Ltd, a low-calorie soft drinks business in their first year of trading which has achieved excellent sales in Tesco and Co-Op. The business also donates 5p from every bottle sold to NHS charities. The loan will help the business achieve continued growth through the creation of nine new jobs.

  1. Omega Product Services

Blackpool-based Omega Product Services, a LED lighting specialist which supplies to the electrical wholesale market. The loan will allow the company to take on new sales staff and diversity its product range to offer its customers a more extensive line of products.

  1. Original Recipes

Chesterfield-based food specialist which produces a range of mouth-watering pâtés and terrines.  The investment will help the company purchase additional new equipment after seeing an increase in demand for their new products from the professional catering market.

  1. CEMOS Solutions Limited

Liverpool-based CEMOS Solutions Limited, a cloud-based digital platform developer which create mobile applications that are tailored for health, fitness and wellbeing. The investment will allow the company to diversity its first digital product, Get Event Fit, whilst also developing new health and wellbeing products.

  1. Ash TV

Award-winning Hull-based video advertising start-up, which has developed a novel in-browser, video advertising platform for mobile devices. The company recently expanded into mainland Europe and looks to hire additional staff using the funding provided to support its ambitious growth plans.

  1. Cress Systems

Tees Valley-based CRESS Systems, an energy storage provider for industrial energy efficiency which has developed a product for the container ports market. The funds will be used to take the product into production and enable the company’s first sales to leading shipping port customers.

The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.

Photo Caption: Left to right  Richard Bradshaw, Chief Executive of CRESS, Simon Crabtree, Investment Manager at Enterprise Ventures, Mark Wilcockson, British Business Bank and Chair of CRESS Beverley Gower-Jones

Editors Notes

NPIF Newsletters

For the latest news and views join our mailing list

Join our mailing list

Subscribe to receive our newsletters, updates, information and invites to events, relating to our products and services



By submitting your details via this form, you agree to our use of your data as per our Privacy Notice

Follow npifbbb

Latest News

Suiso Team
Hydrogen generator firm raises £3m to boost uptake of green energy

Suiso - a Rotherham company developing an innovative hydrogen generator that could boost uptake of green energy - has ra...

Signpost microfinance icon

Microfinance

£25k – £100k

Microfinance page
Learn More
Debt finance icon of a road map

Debt Finance

£100k – £750k

Debt Finance page
Learn More
equity finance icon

Equity Finance

£50k – £2m

Equity Finance page
Learn More

For the latest news and views join our mailing list

Join our mailing list

Subscribe to receive our newsletters, updates, information and invites to events, relating to our products and services



By submitting your details via this form, you agree to our use of your data as per our Privacy Notice