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PureCare secures £40,000 NPIF Loan

PureCare, which provides children’s residential care home services for local authorities around the country, has secured an £40,000 loan from the NPIF – BFS & MSIF Microfinance Fund, which is part of the Northern Powerhouse Investment Fund and managed by GC Business Finance and MSIF.

£5m funding boost for North West SME sector

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.

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.