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Northern Powerhouse Investment Fund (NPIF) is an initiative launched by the government-owned British Business Bank and is a key part of the government’s ‘Northern Powerhouse’ vision.

NPIF is a collaboration between the British Business Bank and ten Local Enterprise Partnerships (LEPs) in the North West, Yorkshire, the Humber and Tees Valley.

NPIF has established a Strategic Oversight Board with the Local Enterprise Partnerships to ensure that the LEPs are appropriately represented. The Strategic Oversight Board’s function is advisory and it provides strategic input into NPIF’s governance and decision making processes.

The Strategic Oversight Board is currently chaired by the Interim vice-chair of the South Yorkshire Mayoral Combined Authority and includes representatives from four other LEPs and from BEIS, DLUHC, HM Treasury, the EIB as well as the British Business Bank.

NPIF also has two Regional Advisory Boards for the North West and Yorkshire and the Humber and Tees Valley to review fund manager performance at a local level and will make recommendations to NPIF and the Strategic Oversight Board.

Roger Marsh OBE

Chair of the Strategic Oversight Board 
and SOB Member

Leeds City Region

Keith Morgan

CEO and SOB Member

British Business Bank

Dr Stephen Curl

SOB Member

Cumbria

Paul Booth OBE

SOB Member

Tees Valley

Richard Topliss

SOB Member

Greater Manchester Combined Authority

Neil MacDonald

SOB Member

Sheffield City Region
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