Northern Powerhouse Investment Fund II (NPIF II)

Northern Powerhouse Investment Fund II (NPIF II) is a public investment programme in North of England, UK. A £660m British Business Bank fund for smaller businesses across the North of England. Through appointed fund managers it offers smaller loans of £25k to £100k, debt finance of £100k to £2m and equity of up to £5m.

What it offers

• “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.” — web.archive.org
• “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.” — web.archive.org
• “NPIF II does not invest directly in businesses.” — web.archive.org
• “Enquiries and applications are made direct to NPIF II’s selected fund managers” — web.archive.org

Who can apply

• “Investments can be made in businesses that are headquartered in the North or have a significant operating presence there.” — web.archive.org
• “An equity-based investment could be right if you run an established business with ambitious plans, or a large start up with high growth potential.” — web.archive.org
• “Yes, a company who received funding from NPIF can apply for NPIF II finance.” — web.archive.org

How to apply

Apply or read the rules on the official site.

About this listing

TrustList compiled this listing from Northern Powerhouse Investment Fund II (NPIF II)'s official pages in September 2026. The quotes above are its own words. Amounts, deadlines and eligibility rules change, so check the official site before you rely on them.