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Equity Finance up to £5 million
Equity finance is widely accepted as an important ingredient for businesses with potential for high growth.
Equity finance can be particularly important for new and innovative companies with high growth potential as it can provide long-term backing to fund business growth through to revenue and profit. In simple terms, equity finance is raising capital through the sale of shares in a business.
The Northern Powerhouse Investment Fund II has particular interest in supporting equity investments, helping the North of England to become a vibrant and sustainable venture capital market. An equity-based investment could be right if you run an established business with ambitious plans, or a large start up with high growth potential.
How to apply
- Go to the fund manager’s website by clicking the box below.
- Make an enquiry directly to the fund manager.
- The fund manager will contact you to talk through your funding requirement.
- The fund manager may ask for more information and a formal application or pitch deck.
- The fund manager will evaluate your application and make the investment decision.
Have a question? Read our Frequently Asked Questions.
Funds Available
Equity Finance, Up to £5 million (North West)
Praetura Ventures WebsiteEquity Finance, Up to £5 million (Yorkshire & the Humber)
Mercia WebsiteEquity Finance, Up to £5 million (North East)
Maven WebsiteLatest News from the Northern Powerhouse Investment Fund II

Press release

Blog post
Northern Powerhouse Investment Fund II in the news
NPIF II - FW Capital surpasses £25m funding milestone
25 July 2025
NPIF II - FW Capital Debt Finance, a fund manager for the Northern Powerhouse Investment Fund II (NPIF II) has surpassed a significant lending milestone,
providing over £25m to ambitious businesses across the North West of England.
Holdson secures £1.5m strategic NPIF II investment to scale electroform™ technology
24 July 2025
Advanced manufacturing specialist Holdson has raised £1.5m in a round led by the Northern Powerhouse Investment Fund II (NPIF II) to expand its patented electroform™ process and supply businesses across the aerospace, defence, automotive and nuclear fusion industries.
Learn more about Holdson secures £1.5m strategic NPIF II investment to scale electroform™ technologyNEL fuels growth of female-led Simplified Operations with NPIF II funding
15 July 2025
Female-led consultancy Simplified Operations has secured a significant investment from NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).
Learn more about NEL fuels growth of female-led Simplified Operations with NPIF II fundingNorthern Powerhouse Investment Fund II Case Studies

Mechplant
One of the North East’s most established plant hire businesses is set to build on decades of success after securing an investment from NPIF II - NEL Debt Finance, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).

FiftyPlus Longevity
A new health and wellness centre purpose-built for older adults in North Tyneside is set to open its doors thanks to a five- figure investment from NPIF II - NEL Debt Finance, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II (NPIF II).

Magnitude Biosciences
Magnitude Biosciences, a specialist contract research organisation (CRO) in County Durham offering in vivo discovery of treatments for age-related conditions and other diseases using C. elegans, secured over £706,000 in combined funding to scale up its high-throughput screening (HTS) platform
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