NPIF II helps ‘empower’ Northern businesses
- kelseygarbutt
- 1 day ago
- 1 min read
An investment fund supporting small businesses has marked a milestone first year, with North East firms among the beneficiaries of more than £80 million in funding.
The Northern Powerhouse Investment Fund II (NPIF II), managed by British Business Bank, has delivered more than 200 investments across the region since launching in early 2023.
Designed to support start-ups and scaling companies with loans and equity finance, the £660 million fund aims to break down barriers to growth for businesses that may otherwise struggle to access investment.
