Northern Powerhouse Investment Fund

The Northern Powerhouse Investment Fund (NPIF) is a major initiative launched by the British Business Bank to provide commercial finance to small and medium-sized enterprises (SMEs) across the North of England. It operates as a collaborative effort between the UK government, the European Regional Development Fund, and the European Investment Bank. NPIF provides a range of funding options, including microfinance, business loans, and equity finance, with a significant portion of its portfolio dedicated to the life sciences, healthcare, and biotechnology sectors. By providing critical early-stage and growth capital, the fund supports innovation and commercialization for biotech and medtech startups in the region. The fund is managed by a group of appointed fund managers who specialize in different types of finance and geographic areas within the Northern Powerhouse region.