Take the next step in your growth journey
Funding available up to £5 million
Equity Finance available for start-ups and established businesses with growth ambitions.
Targeting businesses in the Northern Powerhouse region
Available to smaller companies located across the North East of England.
Equity funding to support business growth
Funding packages can be tailored to individual business needs and growth strategy.
Available for start ups as well as established SMEs
For innovative and fast growing businesses at all stages of development.
Helping you grow your business
NPIF II - Maven Equity Finance is designed for small businesses that need funding to grow, and can support a wide range of business finance needs including:
Purchasing new machinery
Capital Expenditure
Export Finance
Investing in new products
Hiring a new team
Filling gaps in working capital
The NPIF II region
NPIF II - Maven Equity Finance covers the following areas across the North East of England:
1. Darlington, Hartlepool and Stockton-on-Tees, South Teesside
2. Durham
3. Northumberland
4. Sunderland and Tyneside
To check which local authority your business is located in, see www.gov.uk/find-local-council
Latest news & insights
News
Northern Powerhouse Investment Fund II completes first deal in County Durham
News
Maven launches Female Founder Funding Programme
Insights
Innovating for Growth: Navigating the Tech Revolution
Insights
Episode 9 of Invested Podcast out now
Meet the local team
Our investment and portfolio executives come from a variety of commercial, financial and industry backgrounds with collective experience and skills, built up over many years, of supporting fast-growing businesses throughout the UK. Our team is here to ensure that you are one step closer to fulfilling your business's growth potential.
Frequently asked questions
What is the Northern Powerhouse Investment Fund II?
The British Business Bank operates the Northern Powerhouse Investment Fund II, a £660m Fund covering North of England. It offers loans ranging from £25k to £2m and equity investments up to £5m. These financial resources aim to assist various small and medium-sized businesses, whether to start up, scale up or stay ahead.
What is the purpose of the Northern Powerhouse Investment Fund II?
What types of funding are available?
What are the eligibility criteria for funding?
Who can I contact for further information?
Who funds the Northern Powerhouse Investment Fund II?