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2nd May 2019

NPIF investments in Leeds totals £20m

The Northern Powerhouse Investment Fund (NPIF), delivered by British Business Bank, has invested a total of £20m in ambitious, high-growth SMEs in the Leeds City Region.  Since its launch in February 2017, NPIF has delivered equity finance, debt finance, and microfinance solutions, ranging in size from £25,000 to £2m to businesses across the 10 Local Enterprise Partnerships (LEP) that make up the ‘Northern Powerhouse’ region.  To date, NPIF has completed 104 investments in Leeds City Region-based SMEs across a range of sectors including ICT and manufacturing, which received £5.50m and £5.17m respectively.

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