The Northern Powerhouse Investment Fund (NPIF) which is delivered by the British Business Bank, has invested over £10m into businesses across Cheshire and Warrington.
The information and communication technology sector was the most prolific securing a total of £3.6m worth of funding across nine businesses across Cheshire and Warrington closely followed by the professional, scientific and technical activities sector which also saw significant activity with fourteen businesses receiving £3.3m worth of investment.
Creative agency, Elephant Digital Ltd, has received a £50,000 investment from NPIF – BFS & MSIF Microfinance, managed by MSIF in partnership with GC Business Finance as part of the Northern Powerhouse Investment Fund.
Based at Liverpool Science Park, Elephant specialises in reimagining ‘brand experiences’ and building technology platforms that drive accelerated growth.
SME funding provider MSIF, has raised a total of £20,155 for Alder Hey Children’s Charity, as the chosen beneficiary of their 25th Birthday Celebration.
The event took place on October 17th at the Titanic Hotel Liverpool, and brought together over 420 guests from across the North West Region including past and present directors and employees of MSIF, local businesses supported by the company, and key partners from the professional services and public sector.
MSIF have appointed experienced tech-specialist, David Walters, to their Investment Management team.
David has over 20 years’ experience working within the tech sector and has been involved in a number of trade exits; placing technology and data at the heart of the business to create rich IP. David was also one of the UK’s first data and digital investment directors at NorthEdge Capital and supported Fund:TMT as a member of the advisory board, helping with the technology analysis of potential investments.
Following a successful second year, The Liverpool Sportswoman’s Lunch (LSL) has smashed its fundraising target and raised £10,764 for the Encephalitis Society.
The event, which welcomed Olympian Rebecca Adlington OBE as guest speaker, raised an astonishing £4k more than the inaugural event in 2018. The final total comprised ticket sales, donations and the proceeds from a raffle at the event that took place at DoubleTree (Hilton), Liverpool in September.
MSIF, which this week celebrates 25 years in business, has announced plans to merge the team of investment company SPARK Impact Limited with that of its regulated fund management subsidiary Alliance Fund Managers (AFM).
The agreement will see SPARK Impact Director Mark Borzomato appointed as Chief Executive of AFM and an experienced equity investment team of Marc d’Abbadie, Jerry Mobbs and Lynsey Barnes join the existing AFM business.
Popular middle-eastern inspired eatery, Maray Restaurants, has received a £120k loan from MSIF to expand to their new dockside site.
After opening their first premises on Bold St in 2014, Maray has attracted a cult following across the Liverpool region with the goal of becoming the best casual dining restaurant in the city.
Now with restaurants in Allerton, Liverpool City Centre and the Albert Dock, Maray operates as an independent restaurant group, serving small plates inspired by the flavours of the Middle East, in addition to providing elegant and fun cocktails.
For its second year running, the Liverpool Sportswoman’s Lunch (LSL) has brought together the professional community of the city to celebrate the achievements of women in the sporting industry.
Originally founded and supported by MSIF, Bathgate Business Finance and DTM Legal in 2018, the Liverpool Sportswoman’s Lunch now boasts a plethora of proud sponsors including; Brabners LLP, NatWest Commercial, Bibby Financial Services and Flavell Wealth Management.
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.