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Tribosonics team

NPIF has supported some exciting businesses across a diverse range of industries in the North. From a magical attractions company to a sustainable plant-based packaging supplier,  NPIF and its partners serve an important role in helping businesses access crucial funding to grow.

Take a look at some of this quarter’s recent investments and how they’re putting their funding to use.

Here are some of our recent investments.

Next Level Security – Stockton-on-Tees

Next Level Security team

Stockton-on-Tees-based Next Level Security Services (NLSS) has secured a six-figure investment from NPIF – FW Capital Debt Finance. The company specialises in providing all aspects of security from security guarding, access control, key holding and CCTV services. The new funding will enable NLSS to fulfil a new contract and create new jobs including local apprenticeships

Moneyshake- Chester

The Moneyshake team

Car leasing comparison platform provider, Moneyshake, secured a £1 million investment from NPIF – Maven Equity Finance, which will be used to help develop its existing product, launch its commercial leasing service, and enhance its price comparison technology. Based in Chester, Moneyshake is planning on offering a market data and subscription service as well

The Compliance Company  – Leeds

The Compliance Company

Assisting firms to meet the UK’s financial services watchdog’s rigorous standards, The Compliance Company secured a £200,000 loan from NPIF – Mercia Debt Finance. With 15 staff and offices in Leeds and Derby, the loan will help gear up the consultancy firm to deal with a boom in demand off the back of upcoming government standards revisions.

Tribosonics – Sheffield

Tribosonics team

Tribosonics, a smart sensor company, secured £1.5m of investment from NPIF – Mercia Equity Finance. Based in Sheffield, the company manufactures and supplies sensing systems to monitor asset performance, ultimately reducing waste and improving efficiency. The investment will enhance and increase the capacity of its facilities, build out its team, and expand its IP portfolio.

MPM Consumer Products  – Manchester

MPM Consumer Products

Working with some of the UK’s leading brands, MPM Consumer Products is a specialised contract liquid fill manufacturer of household and personal care products.

The Manchester based company secured a £500,000 loan from NPIF – FW Capital Debt Finance. Employing 80 staff, with a turnover of £8.5m, the investment will help the company accelerate growth plans, strengthen its workforce, create new jobs, and launch new products.

Green Bell Packaging – Liverpool

M Vahid Nagori, Founder and CEO at Green Bell Packaging Limited

Based in Liverpool, Green Bell Packaging received a £100,000 loan from NPIF – BFS & MSIF Microfinance. The plant-based and plastic-free packaging distribution company will use the funding to support its rapid growth and help the business continue to provide environmentally safe and affordable packaging solutions. In 2020, it was the first completely plant-based mailing bag to launch in the UK.

The Potions Cauldron – York

Hole in the wand

A magical attractions specialist based in York, received a £30,000 investment from NPIF – BEF & FFE Microfinance to open its second The Hole in Wand mini-golf course in Blackpool. The new venue will create 15 jobs, bringing a much-loved attraction to the city. The wizard-themed, nine-hole golf immersive experience will be located on the Promenade near Blackpool Tower.

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.

Editors Notes

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