£10 million mark reached

Posted on 07 Oct 2017 and read 849 times
£10 million mark reachedThe Northern Powerhouse Investment Fund (NPIF) (www.npif.co.uk) has reached another milestone, with more than £10 million invested.

Launched at the end of February, NPIF supports regional entrepreneurship to create economic prosperity in the North of England. It has provided funding and support to over 90 businesses.

Jake Berry, Northern Powerhouse Minister, said: “It’s fantastic to see that, so soon after we launched the Northern Powerhouse Investment Fund, it has already provided £10 million to support Northern businesses.

“It is a great example of what can be achieved when the Government and businesses work together, and it is all part of our plan to boost the northern economy, creating more jobs and attracting investment.”

Andy Burnham, Mayor of Greater Manchester, said: “The Northern Powerhouse Investment Fund is supporting local entrepreneurs and business owners to grow their companies — here in Greater Manchester and across the North.

"As we look to rebalance our country’s economy, this fund’s approach can show the benefits that investment in the North has locally and across the UK.”

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