Northern Powerhouse Investment Fund

The Northern Powerhouse Investment Fund (NPIF) delivers commercial finance options to drive business growth across Northern England. It provides smaller loans, debt finance, and equity capital specifically for developing small and medium-sized enterprises. This initiative tackles market gaps in finance access, offering critical investment for regional companies to scale and innovate.

Launched in February 2017, NPIF was established by the government-owned British Business Bank. It emerged from the broader Northern Powerhouse vision to rebalance the UK economy, initially supported by the European Regional Development Fund. Building on this, the Northern Powerhouse Investment Fund II commenced in March 2024, further extending its regional reach.

NPIF supports new and growing businesses throughout the North of England seeking capital for expansion. Its core mission is to stimulate economic prosperity in the region, ensuring comparable access to finance for Northern businesses. Through continuous, diverse funding, NPIF envisions a vibrant entrepreneurial landscape, fostering significant regional development and innovation.