If you are an entrepreneur, a start-up or SME* located in the North of England, the Northern Powerhouse Investment Fund (NPIF) could provide the funding you need to help your business realise its potential.
<p>www.npif.co.uk
@npifbbb
Equity Finance
50k - 2m
Debt Finance
100k - 750k
Microfinance
25k - 100k
FUNDING TO START UP,
SCALE UP OR STAY AHEAD
If you are an entrepreneur, a start-up or SME* located in the North of England,
the Northern Powerhouse Investment Fund (NPIF) could provide the funding
you need to help your business realise its potential.
NPIF is a collaboration between the government-owned British
Business Bank and ten Local Enterprise Partnerships (LEPs) in
the North West, Yorkshire, the Humber and Tees Valley.
We combine 400 million of UK Government, European Regional Development
Fund and European Investment Bank funding to help businesses in the region
to scale-up and become a successful part of the government's Northern
Powerhouse vision.
We offer three different funding options designed to plug gaps in the provision
of commercially available finance, ranging from 25,000 Loans to 2million
Equity Investments.
Our investment packages are open to a wide range of sectors from early stage
innovative businesses through to manufacturing and creative and digital
industries. If you can demonstrate growth potential, your business may be
eligible. **See below for exceptions
FUNDING OPTIONS
MICROFINANCE
Small business loans
25,000- 100,000
For new or growing businesses to
support working capital needs
DEBT FINANCE
Business loans
100,000 - 750,000
For early stage or more established
businesses that can demonstrate
growth potential
EQUITY FINANCE
Early stage and later stage
equity funding
50,000 - 2million
For established businesses with
ambitious plans or large start-ups
with high growth potential
* An SME is an independent business which is not more than 25% owned by another company/group and that has less than 250
employees and an annual turnover not exceeding 50m Euro (40m) or a balance sheet total not exceeding 43m Euro (34.5).
** NPIF cannot help businesses in the following sectors; property development and agriculture. In addition we cannot re-finance
existing comme