Hear about the Northern Powerhouse Investment Fund II and meet the Fund Managers in this video

The Northern Powerhouse Investment Fund II is the sixth of the British Business Bank’s Nations and Regions Investment Funds to be launched.

The new £660m fund will increase the supply and diversity of early-stage finance for businesses in the North of England, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance across the region.

Building on the success of the first Northern Powerhouse Investment Fund, it offers a range of commercial finance options with smaller loans from £25k to £100k, debt finance from £100k to £2m and equity investment up to £5 million and is now expanded to include the whole of the North East

The fund now covers the entire North including the North West, Yorkshire and the Humber and the whole of the North East.

The British Business Bank has appointed a team of dedicated fund managers to manage the Northern Powerhouse Investment Fund II.

These are GC Business Finance & River Capital, Praetura Ventures and FW Capital in the North West. Mercia and Business Enterprise Fund (BEF) across Yorkshire and the Humber and Maven and NEL Fund Managers in the North East.

Which fund manager you apply to will depend upon the type of finance you are seeking, and where in the region your business is located.

This video explains what the Northern Powerhouse Investment Fund II is all about, and introduces you to some of the fund managers.