Over 270 small businesses across the North of England have secured more than £100 million in investment from the Northern Powerhouse Investment Fund (NPIF) since the Covid-19 pandemic took hold in April 2020. Of that total, Northern SMEs have received £35 million from equity investments; NPIF’s … [Read more...]
News for: Investment
Medical device start-up secures £735k seed funding
A medical device start-up based at Alderley Park, QV Bioelctronics, has raised £735,000 in seed funding to support its development of a new implant to treat brain tumours. The start-up's QV-GRACE electrotherapy implant aims to increase the survival rate of the most aggressive brain tumours, … [Read more...]
North-west leads regions in British Business Bank equity investment
Small businesses in the North-west secured 117 equity investments, worth £270 million, from the British Business Bank in 2020, the most of any UK region outside the capital. The government development bank last year achieved record levels of investment nationwide, with over £8.8 billion in deals … [Read more...]
Alderley Park drug discovery business secures £750k NPIF investment
Blueberry Therapeutics, a drug discovery business based at Alderley Park, has secured a £750,000 investment from the Northern Powerhouse Investment Fund (NPIF) partner, Maven Equity Finance. The company specialises in the development of nanomedicines for treating skin and nail infections. … [Read more...]
NPIF continues to back small businesses in the North
The Northern Powerhouse Investment Fund (NPIF) is continuing to support small businesses in the region even in the face of the economic uncertainty due to the Covid-19 pandemic. So far this year, £14 million has been invested in 61 businesses across the North, including in Cheshire. The £400 … [Read more...]
2020 Budget: Chancellor plans to ‘level-up’ UK
The 2020 budget has promised an increase in spending for infrastructure and measures to combat any economic impact of coronavirus. It is Chancellor Rishi Sunak's first budget since assuming office, and the first since Boris Johnson became Prime Minister last year. The Chancellor reiterated Boris … [Read more...]
NPIF seminar aims to unlock Cheshire’s potential
The Northern Powerhouse Investment Fund (NPIF) is coming to Cheshire as part of a series of breakfast seminar and networking events across Northern England. The seminar aims to educated Northern entrepreneurs about the funding options available to them through the NPIF and other organisations. … [Read more...]
Cheshire East economy is North West’s most sustainable
Cheshire East has retained its position as the most sustainable economy in the North West, according to business and financial adviser Grant Thornton in their Sustainable Growth Index. The Sustainable Growth Index ranks all 324 English local authorities, including Cheshire East, against measures … [Read more...]
MAG secures £350m in UK bond market
MAG, the UK’s leading airport group, has successfully raised £350m in the UK capital markets through the issuance of a 25 year bond MAG, the UK’s leading airport group, has successfully raised £350m in the UK capital markets through the issuance of a 25 year bond, at a competitive interest rate … [Read more...]
Manchester Science Partnerships deliver record results at Alderley Park
Manchester Science Partnerships (MSP) has hailed a “year of strong progress” with levels of investment and growth reflecting strong demand from new and existing customers. Against a backdrop of technological change and uncertainty in the wider economy, the 12 months to the end of September 2018 … [Read more...]