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1st October 2018

Norths manufacturing and hi-tech sectors dominate as NIPF reaches £100m

The Northern Powerhouse Investment Fund (NPIF) is marking another milestone as it celebrates backing £100 million of investment across the Northern Powerhouse region.

The Fund has directly invested £60 million in small and medium sized companies since its launch, in deals that have attracted an additional £40 million of investment from the private sector.

Investments from the fund cover a broad range of business types with a strong appetite evidenced from manufacturing and high-tech businesses with a total of £11 million and £15 million invested in these sectors respectively.

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