Back to today’s briefing

Story perspectives

£25M Fund Boosts 64 NW Businesses, Supporting Growth

9/27/2025

41 7 Full Breakdown

Summary

Story summary

Northern Powerhouse Investment Fund II has surpassed £25 million in lending to 64 North West businesses.
Nordic Aqua Partners announced a RMB 300 million investment for its Ningbo salmon farm.
Ukrainian startups received funding to aid recovery and innovation: 20 projects awarded up to €50,000 each.
Pet and Home Services of Nottinghamshire secured £9,000 from First Enterprise to expand.

History

Historical Context

The Northern Powerhouse initiative was launched by the UK government in 2015 to stimulate economic growth in the North, investing £1.2 billion in infrastructure and business development. Key players like the Greater Manchester Combined Authority are involved. Recent funding of £25 million to 64 businesses highlights ongoing efforts to revitalize regions historically overshadowed by London’s economic influence.

1 of 2

Story summary

Northern Powerhouse Investment Fund II has surpassed £25 million in lending to 64 North West businesses.
Nordic Aqua Partners announced a RMB 300 million investment for its Ningbo salmon farm.
Ukrainian startups received funding to aid recovery and innovation: 20 projects awarded up to €50,000 each.
Pet and Home Services of Nottinghamshire secured £9,000 from First Enterprise to expand.

1 / 2