As the UK and wider world looks to recover from the pandemic, ensuring businesses have the means to grow, innovate and adapt sustainably will prove decisive.
The Northern Powerhouse Investment Fund is at the heart of that growth and recovery, supporting businesses of all shapes and sectors across the North. The Fund, which provides a mix of debt, equity and microfinance up to £2m, has invested over £237m across 1068 investments since its launch in 2017. These deals have attracted an additional £288m of investment from the private sector, giving a combined value facilitated by NPIF of over £500m.
The Northern Powerhouse Investment Fund works with 10 Local Enterprise Partnerships, Combined Authorities and fund managers across the North to support businesses across the North West, Yorkshire and Humber and Tees Valley regions.
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.
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