NPIF at EvoNorth 2020: investment opportunity in the North

Grant Peggie, Director at British Business Bank

Launched by British Business Bank in 2017, the £400m Northern Powerhouse Investment Fund (NPIF) is supporting economic prosperity in the region by making commercial investments into growing companies.

Helping to create a more diverse finance market is a key objective of the British Business Bank and this increasing diversity of funding options means that smaller businesses now have more choice when considering their finance routes.

NPIF offers three types of funding to support businesses – microfinance (£25K - £100K), debt finance (£100K - £750K) and equity finance (£50K - £2m) – to make finance work more effectively for businesses, enabling them to prosper and grow.

Looking to encourage entrepreneurship, including supporting ethnic minority and female entrepreneurs, we have an increasing focus on supporting businesses in harder to reach areas across the North including Cheshire and Warrington, Cumbria and the Tees Valley.

To date, NPIF has directly invested over £138m in over 530 businesses based in the North of England, in deals that have attracted an additional £129m of investment from the private sector. The funding has enabled businesses to scale up through expansion into new markets and investment in staff and infrastructure, but it is just the beginning of a long-term plan for the future prosperity of the North.

In its second year, EvoNorth is a key date in our diary as the event, its delegates, partners and speakers, fit seamlessly with our vision for the future of the region. We see it as a real opportunity to join businesses from across the Northern Powerhouse to share ideas, impact and future plans with existing partners, while forging new relationships with key industry leaders.

During the event and panel discussions, we will be talking about British Business Bank’s wider aims and the programmes available to make them possible, using NPIF as an example to illustrate how our programmes come to fruition and the impact it has on business growth in the North.

The North of England is renowned for its entrepreneurial spirit and EvoNorth 2020 epitomises that. Described as a ‘living and breathing immersive incubator for innovation, collaboration and best practice’, the event is set to be a real celebration of the best and brightest in the region.

The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020 and the European Investment Bank.


On the 4th and 5th of March in Manchester, the EvoNorth conference is uniting hundreds of chief executives, directors and senior managers from across the Northern Powerhouse responsible for the delivery of transformational public services to the millions of citizens located in the North.

Over the two days delegates get to collaborate and share best practice through a series of seminars, panel discussions, workshops and innovation hubs focusing on improved outcomes and transformational public services and get to hear from an eclectic mix of speakers and panellists including Sir Merrick Cockell from Localis and the UK Municipal Bonds Agency; Cllr James Jamieson of the LGA; Tim Wood, Northern Powerhouse Rail Director, Transport for the North; Roger Marsh, Chair of NP11 and many more... 

 Click here to secure your subsidised tickets to this CPD accredited event for only £89.95 each and save over £200.


There are no comments. Why not be the first?

Add your comment

public sector executive tv

more videos >

latest news

View all News


Peter Kyle MP: It’s time to say thank you this Public Service Day

21/06/2019Peter Kyle MP: It’s time to say thank you this Public Service Day

Taking time to say thank you is one of the hidden pillars of a society. Bei... more >
How community-led initiatives can help save the housing shortage

19/06/2019How community-led initiatives can help save the housing shortage

Tom Chance, director at the National Community Land Trust Network, argues t... more >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this feeling of imminent change than the article James Palmer, mayor of Cambridgeshire and Peterborough, has penned for us on p28. In it, he highlights... read more >

last word

Prevention: Investing for the future

Prevention: Investing for the future

Rob Whiteman, CEO at the Chartered Institute of Public Finance (CIPFA), discusses the benefits of long-term preventative investment. Rising demand, reducing resource – this has been the r more > more last word articles >


Artificial intelligence: the devil is in the data

17/12/2018Artificial intelligence: the devil is in the data

It’s no secret that the public sector and its service providers need ... more >

the raven's daily blog

Cleaner, greener, safer media: Increased ROI, decreased carbon

23/06/2020Cleaner, greener, safer media: Increased ROI, decreased carbon

Evolution is crucial in any business and Public Sector Executive is no different. Long before Covid-19 even became a thought in the back of our minds, the team at PS... more >
read more blog posts from 'the raven' >

public sector events

events calendar


September 2020

mon tue wed thu fri sat sun
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 1 2 3 4
5 6 7 8 9 10 11

featured articles

View all News