In this Q&A, we hear from Mike Guellard, senior investment executive at NEL Fund Managers, as he discusses the vital role of funds such as the Northern Powerhouse Investment Fund II (NPIF II) in the North East.
The North East’s most active business investor is establishing a new office in Teesside to help maximise its investment presence right across the region.
The British Business Bank has recently launched the Northern Powerhouse Investment Fund II (NPIF II), bringing with it £660m to invest in businesses across the North, aimed at fostering growth and prosperity.
The Northern Powerhouse Investment Fund II (NPIF II), aims to build on the success of the initial fund, with the purpose of driving sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the North.