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.
News and Upcoming Events
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.
New skincare brand has secured a £15,000 loan
SOKOskin started with a joint passion for good skincare by sisters Sarah and Kelly Owen. Even though they’re sisters, they both have very different skin types and require different approaches in how to care for them. They discovered quickly that the only way to get what their skin needed was to layer several products and spend a good hour applying them.