The British Business Bank (BBB) has announced the opening of the Northern Powerhouse Investment Fund (NPIF), as well as the appointment of fund managers who will identify and make the investments in SMEs across the Northern Local Enterprise Partnerships (LEPs).
Liverpool MSIF has been appointed to jointly manage the £10m NPIF-BFS & MSIF Micro Finance Fund with Business Finance Solutions to provide loans between £25k and £100k to SMEs across the North West.
A Wirral-based engineering company which designs, manufactures and installs metal products for UK industry is expanding with backing from MSIF and NatWest as part of a £160k investment.
Yorkwall Engineering Limited, based in Ellesmere Port, will create 20 new jobs during the next two years and expects its current turnover of £500k to increase to over £1m next year.
Liverpool head-quartered property restoration specialists Forshaw Group have performed so well they have repaid the investment made by business funding provider MSIF 3 years ahead of schedule.
MSIF provided a £500k investment three years ago to fund a management buy-out led by current directors Liam Hanlon and Jay Calvert. The company was originally set up in 1948 and was a second generation family business before the MBO.
An artisan gin and coffee bar in Southport is launching a second venue with backing from local business funding provider MSIF.
Remedy Coffee Limited has opened a second site in nearby Churchtown. The original business, based on Lord Street, was set up two years ago by friends Sarah Simcock and Susannah Porter.
A former contestant from The Apprentice and previous winner of Head Chef, the Irish version of Master Chef, have launched a joint eatery and cocktail venue in Liverpool’s trendy Castle Street area with backing from business funding provider MSIF.
Izakaya offers Japanese-inspired cuisine including sushi, oysters, tempura and katsu to eat in or take away.
Start Up Funding: Little Lamb Phonics is the brainchild of ex-school teacher Jude Lennon and her partner Dominic Bryan. They have developed an app based on a series of teaching materials around fun poems to help children learn phonics.
The app is available to download from iTunes and Google on IOS and Android tablet and mobile stores. It is aimed at reception children aged 4-5 but can be used by older children too.
A couple from Liverpool have realised their dream of running their own business with backing from local funding provider MSIF.
Debra and Jeff Voller from Wavertree have launched the Beer EnGin Micro Pub in Whiston which sells a range of real ale, craft beers, gin, cider and wine.
We have secured 2 new mentors, who will now work alongside the team at Merseyside Special Investment Fund.
As a part of the Start Up Loans scheme, we offer Start Up Loan applicants the opportunity to work with a business mentor, to provide free guidance and advice for their developing business.
A business which specialises in products made from reclaimed rubber is expanding with a £120k loan from Merseyside Special Investment Fund (MSIF).
Safer Surfacing Limited uses rubber from recycled tyres to produce a range of rubber chippings and granules which can be laid loose or bound with resin into solid safety flooring.