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Fund managers pass £2m loaned across Yorkshire, Humber and Tees Valley within eight months

The joint fund managers of the NPIF – BEF & FFE Microfinance scheme are celebrating surpassing £2m loaned to small businesses across Yorkshire, Humber and the Tees Valley, having reached £1m just four months ago. Bradford-headquartered Business Enterprise Fund and Doncaster’s Finance For Enterprise were named fund managers in February for

NPIF completes investment in engineering firm

The Northern Powerhouse Investment Fund (NPIF) has facilitated £250,000 worth of debt funding to Humber-based engineering firm Allied Protek Engineering Solutions. Based in Grimsby, Allied Protek is an engineering specialist, providing a full project management package including design, engineering, installation and maintenance for clients in the food, drink, fine chemicals and

Welcome boost for small housebuilders

Communities and Local Government Secretary Sajid Javid gave a statement on the Housing White Paper in the House of Commons, which included plans to provide more financial support for small and medium-sized housebuilders.  Gordon Millward, regional chairman of the Federation of Small Businesses (FSB), said: “We’re pleased to see Government taking

Rising costs fail to dampen Yorkshire SME growth plans

The impact of rising costs is doing little to dampen the growth aspirations of small and medium-sized businesses in Yorkshire, according to new research by Yorkshire Bank. The new survey by the Bank, conducted among 750 SME decision makers, reveals that while small and medium-sized businesses are experiencing rising costs, the