Latest News for: npif

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Cyber start-up Cytix raises £1.6m from NPIF II

The Business Desk 26 Sep 2024
Manchester-based Cytix has raised the money in a round co-led by the NPIF II – Praetura Equity Finance, which is managed by Praetura Ventures and is part of the Northern Powerhouse Investment Fund II.
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Landmark as NPIF II strikes first deal in NW with specialist laboratory education provider

The Business Desk 15 Jul 2024
The Northern Powerhouse Investment Fund II (NPIF II) has completed its first deal in the North West since the launch of the £660m fund in March this year ... The support from NPIF II and Caroline Turley at FW Capital has been instrumental.
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Strong interest for NPIF II as info roadshows criss-cross the region

The Business Desk 13 May 2024
More than 1,250 businesses have expressed their interest in accessing the new £660m Northern Powerhouse Investment Fund II (NPIF II) ... Attendees at the Manchester roadshow shared their thoughts on how NPIF II will make an impact.
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Battery specialist to get power boost from NPIF loan

The Business Desk 04 Mar 2024
Manchester-based battery specialist Cellerate has received an £100,000 loan from NPIFRiver & GC Microfinance, which GC Business Finance (GCBF) manages in partnership with River Capital as part of the Northern Powerhouse Investment Fund (NPIF).
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NPIF Investment to propel digital service business

The Business Desk 14 Nov 2023
Cheshire based Venn Digital has received £500,000 in funding to invest in recruitment of 45 new staff over three years and new product development ... Husband said. “This is a great example of how NPIF can help growing businesses ... Previous Article. .
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Floks of Minskip gains £100,000 boost from NPIF – Mercia Debt Finance

York Press 26 Oct 2023
The York designer behind a new luxury bedding brand has raised £100,000 to help expand her business ... .
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£13m NPIF funding helps 200 entrepreneurs on their path to success

The Business Desk 10 Oct 2023
Around 200 North West businesses have benefited from £13m of investments from the Northern Powerhouse Investment Fund (NPIF). The funding has been provided by NPIF-GC and River Microfinance, which is ...
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Interest in £660m NPIF second phase increasing ahead of launch next year

The Business Desk 16 Aug 2023
Private equity firm, Maven, is expected to bid to run the next phase of the £660m Northern Powerhouse Investment Fund (NPIF). The Government’s British Business Bank (BBB) administers NPIF, one of a ...
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£1bn milestone as NPIF continues to support business expansion

The Business Desk 31 Jul 2023
More than £1bn has been invested in Northern companies after the Northern Powerhouse Investment Fund (NPIF) surpassed a significant milestone ...   Call goes out for potential managers of new £660m NPIF II fund.
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Call goes out for potential managers of new £660m NPIF II fund

The Business Desk 20 Jun 2023
The new fund builds on the success of the regional investment funds already being delivered by the British Business Bank through the Northern Powerhouse (NPIF), Midlands Engine (MEIF) and Cornwall and Isles of Scilly (CIoSIF) Investment Funds.
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Toy shop chain secures NPIF loan to continue growth story (Mercia Asset Management plc)

Public Technologies 16 May 2023
A Yorkshire business which is one of the UK's largest independent toy shop chains has secured a £400,000 loan from NPIF - Mercia Debt Finance, which is managed by Mercia and is part of the Northern Powerhouse Investment Fund.
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Cyber firm plans further expansion with help of NPIF loan (Mercia Asset Management plc)

Public Technologies 24 Mar 2023
). A fast-growing Leeds cybersecurity company is planning further expansion with the help of a six-figure loan from NPIF - Mercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund (NPIF) ... Disclaimer ... (noodl.
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NPIF support puts cyber company on the path to further growth

The Business Desk 23 Mar 2023
A Leeds and Manchester-based cybersecurity company is planning further expansion, helped by a six-figure loan from NPIFMercia Debt Finance, which is managed by Mercia and part of the Northern Powerhouse Investment Fund ... Previous Article. .
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Mercia’s new Hull office will help Humber firms access NPIF funding (Mercia Asset Management plc)

Public Technologies 14 Dec 2022
Mercia has opened a new office in Hull to help Humber businesses access finance from the Northern Powerhouse Investment Fund (NPIF) ... Since the launch of NPIF five years ago, Mercia has provided more ...
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NPIF funding helps sports nutrition business target £100m turnover by 2026

The Business Desk 12 Dec 2022
A Trafford Park sports nutrition business is plotting expansion after receiving a £750,000 investment from NPIF-FW Capital Debt Finance, managed by FW Capital, part of the Northern Powerhouse Investment Fund (NPIF).

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