Want to get more information on Nations and Regions Investment Funds?
Register for our newsletter and get the latest updates on our Nations and Regions Investment funds.
Register for our newsletterOpen for applications
The Northern Powerhouse Investment Fund II will build on the success of the first Northern Powerhouse Investment Fund and will deliver a £660 million commitment of new funding to smaller businesses.
The fund which now includes the whole of the North East aims to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the North of England.
The Northern Powerhouse Investment Fund II offers a range of commercial finance options with smaller loans and debt finance from £25,000 to £2 million and equity investment up to £5 million. The fund covers the whole of the North, including rural, coastal and urban areas.
It is increasing the supply and diversity of early-stage finance for smaller businesses across the North of England, providing funds to businesses that might otherwise not receive investment and helping to break down barriers in access to finance.
The new fund has embedded ESG awareness into its design and will help support the UK economy’s transition to net zero.
Funds Available
Have a question? Read our Frequently Asked Questions.
Latest News from the Northern Powerhouse Investment Fund II
Blog post
Press release
Northern Powerhouse Investment Fund II in the news
Lancashire mass safety communications company raises seven-figure NPIF II investment
10 July 2025
A Lancashire communications tech business has raised a seven-figure investment from the Northern Powerhouse Investment Fund II, as it further expands in the UK, US and Europe.
Learn more about Lancashire mass safety communications company raises seven-figure NPIF II investmentNEL Fund Managers backs female-led gourmet deli Awesome Franks with NPIF II investment
23 June 2025
NPIF II – NEL Smaller Loans, which is managed by NEL Fund Managers as part of the Northern Powerhouse Investment Fund II has announced a five-figure investment into Awesome Franks, a gourmet sandwich and deli concept set to open in Jesmond next month.
Learn more about NEL Fund Managers backs female-led gourmet deli Awesome Franks with NPIF II investmentEntrepreneurs launch new venture to reshape hospitality recruitment
18 June 2025
The entrepreneurs behind two of the UK’s most successful hospitality tech businesses have joined forces to launch a new venture that aims to reshape hospitality recruitment.
Learn more about Entrepreneurs launch new venture to reshape hospitality recruitmentNorthern Powerhouse Investment Fund II Success Stories
Synergy Health
Synergy Health received a five-figure investment from NPIF II – River Capital & GC Business Finance Smaller Loans, which is managed by the consortium as part of the Northern Powerhouse Investment Fund II.
Moxie Financial
Simplify Business Services Limited, trading as Moxie Financials received £50,000 from NPIF II – River Capital & GC Business Finance Smaller Loans, which is managed by the consortium as part of the Northern Powerhouse Investment Fund II.
Salesfire
Salesfire – a Middlesbrough company whose platform helps e-commerce stores to increase sales - has raised a further £2.75m from NPIF II – Mercia Equity Finance, which is managed by Mercia Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II).
Related articles
How mid-sized businesses can get help with tax issues
Read article How mid-sized businesses can get help with tax issues
Who qualifies for a loan from a CDFI?
Read article Who qualifies for a loan from a CDFI?
What is the Help to Grow: Management Course?
Read article What is the Help to Grow: Management Course?
Sign up for our newsletter
Just add your details to receive updates and news from the British Business Bank
Sign up to our newsletter