An additional £5m of funding from the Northern Powerhouse Investment Fund (NPIF) has been handed to GC Business Finance and MSIF to continue delivering loans from the NPIF-BFS & MSIF Microfinance Fund to small firms across the North West.
News and Upcoming Events
Northern Powerhouse Investment Fund surpasses £300m investment milestone
The Northern Powerhouse Investment Fund has directly invested over £300m into 952 businesses across the North of England, alongside an additional £400m of private sector co-investment, taking its total delivery to more than £700m.
Games developer pockets investment under Recovery Loan Scheme
Didsbury-based games developer, Cherrypop Games, is gearing up for the launch of Pool Blitz, a new mobile phone game, assisted by funding from the Greater Manchester Export Fund, backed by the Recovery Loan Scheme and delivered by specialist lender GC Business Finance. Founded in 2012, Cherrypop Games has vast experience developing top-selling games for all the major games consoles including VR. Pool Blitz marks its expansion into the mobile market.
An AR company that helps children expand globally through hospitals
Xploro, a platform that uses augmented reality, gameplay and artificial intelligence to provide health information to young patients, will expand into the global market. Xploro has secured a £ 100,000 loan from the Manchester Export Fund. It is backed by a collection financing scheme and is provided by a professional lender, the GC Business Finance.
North West business briefs: Xploro
Manchester-based Xploro, a platform that uses augmented reality, gameplay and artificial intelligence to deliver health information to young patients, has secured a £100,000 loan from the Greater Manchester Export Fund, backed by the Recovery Loan Scheme and delivered by specialist lender GC Business Finance.
CAPSLOCK raise £1m pre-seed as demand for cyber security talent reaches tipping point
CAPSLOCK, an online cyber security bootcamp provider, has completed a £1.04m pre-seed round to help adults re-skill and land high-paying jobs in cyber security, whilst simultaneously plugging the skills gap and deferring over £1m of up-front tuition fees.