PureClarity – the York-based e-commerce personalisation software platform - has secured a further £750,000 investment from NPIF - Mercia Equity Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund. The investment is the second within the past year from NPIF – Mercia Equity Finance
Tag: NPIF
NPIF in its element with £250,000 investment in technology platform
The Northern Powerhouse Investment Fund (NPIF), has invested £250,000 to support Elements Technology Platforms Limited in its mission to develop its headquarters, staff base and product portfolio. The investment was made by NPIF – Mercia Equity Finance which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment
Travel guides firm on road to growth with £325k NPIF investment
A Sheffield company which produces downloadable travel guides has closed a £325,000 funding round from NPIF – Mercia Equity Finance, which is managed by Mercia Fund Managers and part of the Northern Powerhouse Investment Fund. Horizon Guides aims to help people enjoy more authentic and memorable travel experiences. From seeing the
Power Body Nutrition bulks up following NPIF backing
York-based Power Body Nutrition, a wholesale distributor of nutrition and sports supplements, has boosted turnover by 40 per cent in the 18 months after securing a £200,000 loan from NPIF – Mercia Debt Finance, part of the Northern Powerhouse Investment Fund (NPIF). Power Body Nutrition was established in 2008, and has
Mercia expands Northern Powerhouse team in Yorkshire and the Humber
Mercia Fund Managers has expanded its team in Yorkshire and the Humber with the appointment of David Wright as investment manager. David will be one of the nine-strong team providing local businesses with loans of £100,000 to £750,000 from NPIF - Mercia Debt Finance, which is part of the Northern Powerhouse
Healthtech start-up secures £200k NPIF investment
A Hull healthtech start-up which has developed an award-winning device to enhance mental wellbeing has secured a £200,000 investment from NPIF-Mercia Equity Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund. Moodbeam’s wearable device allows users to log their mood and monitor their
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
Inventor gains backing for new off-grid heating systems
A Yorkshire inventor, who is developing a range of water heating products for off-grid energy markets, has secured a £400,000 investment from NPIF – Mercia Equity Finance, which is managed by Mercia Fund Managers and is part of the Northern Powerhouse Investment Fund. Max Smith has joined forces with his brother
NPIF backs food photographers with an appetite for growth
A Yorkshire photography and video business whose clients include major supermarkets and food producers has secured £250,000 funding from NPIF–Mercia Debt Finance, which is part of the Northern Powerhouse Investment Fund. Powerhouse is a creative content studio specialising in high-end commercial food, fashion and lifestyle photography and video content for leading
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