The Northern Powerhouse Investment Fund (NPIF) has invested £31 million in 207 Northern-based SMEs during the first 12 months of operation, as the Fund continues to provide a boost to the Northern economy. 

The £400m Fund, which is supported by the European Regional Development Fund, HR Government and the European Investment Bank, was launched by the British Business Bank as a key part of the government’s ‘Northern Powerhouse’ vision to back innovative, fast growing small businesses.