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£500k Northern Powerhouse loan helps engineers fulfil a tall order!

A Yorkshire company which specialises in installing telephone masts has secured £500,000 funding from NPIF-Mercia Debt Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund. The loan will allow Doncaster-based 8point8 Support to fulfil a major new contract in Netherlands and create ten

NPIF invests £31m in first year

The Northern Powerhouse Investment Fund (NPIF) has invested £31 million in 207 Northern-based SMEs during the first 12 months of operation, as the Fund continues to provide a boost to the Northern economy. The £400m Fund, which is supported by the European Regional Development Fund, HM Government and the European Investment

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

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