Newsletters

Back to Northern Powerhouse Investment Fund News – Issue 7

Deal Round Up

Two years on from its launch, NPIF has remained firm in its commitment to supporting ambitious businesses across the North, and a growing number of companies are taking advantage of the investment opportunities on offer to them.

Here are just some of the transactions we have completed this quarter:

Digital Training Solutions

Digital Training Solutions is an innovative e-learning content development company that combines realistic video scenarios with interactive gaming technology. The £125,000 investment from NPIF will enable the business to continue to develop its software, support its marketing strategy and create up to 17 new jobs.

Authenticate

Harrogate-based Authenticate Information Systems is a technology platform which transforms the way that food businesses manage their supply chain. The company has secured a new funding round of £2.3m, which includes £1.5 million from NPIF, to double its software and data research teams, creating 10 new jobs in Harrogate.

Oh My Mood

Based at Liverpool Science Park, Oh My Mood develops innovative healthcare pathways to help support and improve practices within the mental healthcare profession. Oh My Mood will use NPIF investment to facilitate the growth of its business and to further research and develop blended care platforms.

Settle In

Settle In, based in Stockton-on-Tees, offers help to international students in universities across the North East by displaying information on local attractions, maps, what’s on guides and student essentials. The company has secured a £30,000 NPIF loan to bolster its headcount and improve its social media, website and marketing material.

My Fish Company

My Fish Company, a fish and seafood supplier based in Fleetwood, has received £250,000 from NPIF to finance the expansion of its premises, investment into new software and the creation of 10 new jobs.

Rosehill Polymers

West Yorkshire-based Rosehill Polymers Group, which has developed a new range
of security barriers made from recycled rubber, has secured a £500,000 loan from 
NPIF.  The funding will enable the company to scale up the manufacture of
its current product portfolio and develop new lines.

 

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