- Microfinance (£25, 000 100, 000)
- Business loans (£100, 000 750, 000)
- Equity finance (up to 2m)
Finance Praseeda Nair · 22 February 2017
Small firms gain access to 400m Northern Powerhouse Investment Fund
Small businesses in the North of England could soon receive loans of up to 750, 000, as the government-backed British Business Bank (BBB) announces the launch of the Northern Powerhouse Investment Fund. Financed by the BBB and the European Investment Bank, the 400m fund is set to provide investment for new startups as well as growing companies looking for additional finance to scale up. The Northern Powerhouse Investment Fund will be split into three strands of finance for small firms with differing levels of funding available.
ABOUT THE EXPERTPraseeda Nair
Praseeda Nair is an impassioned advocate for women in leadership, and likes to profile business owners, advisors and experts in the field of entrepreneurship and management.