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Birmingham Post

Business

Graeme Whitfield

Northern Powerhouse Investment Fund reaches £300m milestone

North

A Northern investment fund has topped the £300m mark, having helped almost 1,000 businesses around the region.

The Northern Powerhouse Investment Fund, which is run by the British Business Bank using EU funds, has made 1,280 investments to 952 companies.

Supporting businesses in a range of sectors, it has provided £122m in equity finance, £162m in debt finance and £19m in microfinance.

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