Newly established café and wine bar, Picnic Chester, has received funding in the form of a £35,000 loan from MSIF to start up their business venture.
The venue is set to be a popular attraction located in the heart of Chester, just minutes away from the Town Hall, Cathedral and new Storybook Theatre. Picnic prides itself on providing a unique offering for customers including a specialist delicatessen and regular live music nights, aiming to build up a loyal following over the coming months.
Inovus Medical is pushing ahead with plans to grow its sales team and operation in South East Asia a key target market for which Inovus products are ideally suited.
We kick start things by announcing entry into the Philippines with attendance at the MIGS: East Meets West - PSGE 15th Annual Convention and 1st Regional Meeting of ESGE & APAGE in East Asia held on the 14th - 17th, August at the EDSA Shangri-La Hotel Mandaluyong City.
Formwork Direct International Ltd has received funding from MSIF to assist with the relocation of the business to a larger site in Knowsley to accommodate the company’s continued growth and increased demand.
The company specialises in supplying new and used formwork systems for sale and hire to construction supply chains around the world.
Plant-based nutrition specialists, NutreeLife Ltd have received a £250,000 loan from MSIF to expand and grow their business.
Founded in 2017, NutreeLife are a family run company based in Preston, Lancashire. The business was incorporated to make great nutrition accessible for all, priding themselves on being an innovative, vegan health nutrition brand created through years of experience and dedication in the Food, Nutrition and Beverage industry.
Inovus Medical, a leading designer and manufacturer of medical and surgical simulators, announced this week that development of their revolutionary Augmented Reality laparoscopic simulator is to gather pace after securing a £1million product development contract through SBRI Healthcare, funded by NHS England.
The technology, which is set to democratise access to highly realistic, affordable laparoscopic simulation, began development in 2018 thanks to an initial £100,000 SBRI phase one contract.
The Northern Powerhouse Investment Fund (NPIF), delivered by British Business Bank, has invested over £11m into ambitious, high-growth small and medium sized businesses in the Liverpool City Region in deals that have attracted an additional £8.2 million invested from the private sector.
Since its launch in February 2017, NPIF has delivered equity finance, debt finance, and microfinance solutions, ranging in size from £25,000 to £2m to businesses across the 10 Local Enterprise Partnerships (LEP) that make up the ‘Northern Powerhouse Investment Fund’ region.
Compliance solutions specialists, Foursquare Group Ltd, have secured funding to continue their speedy growth.
The Liverpool-based business offers individual compliance packages, each designed to make each key area of business compliance simple and cost-effective; services include Health and Safety, Training, Food Safety and Facilities Maintenance.
Simulation software developers, Simul Software Ltd (“Simul Software”), has received a £150k investment from NPIF - Maven Equity Finance, managed by Maven Capital Partners (“Maven”) and part of the Northern Powerhouse Investment Fund.
The Fund is delivered by MSIF working with Maven in the Liverpool City Region.
Broadstone Group, one of the UK’s fastest growing employee benefits and pensions consultants and independent trustee business, has announced the acquisition of Liverpool-based CS Financial Solutions (CSFS) including CS Trustees.
Since supporting Paul McGuckin, Craig Williams and Colin Nicol [Directors of CS Financial Solutions] with the MBO plan in March 2016, MSIF have continued to work closely with the financial service specialists to help achieve growth plans, which have resulted in Broadstones’ acquisition of the business.