The Liverpool City Region has been gifted with its own network of angels. The LCR Angel Network was conceived earlier this year by Alternative Finance Providers - MSIF, Commercial Law Firm - Brabners, and Business Growth Specialists - Grant Thornton.
The idea came to light when founders, Lisa Greenhalgh (CEO of MSIF), Mark Rathbone (Brabners Head of Corporate) and Gaynor Dykes (Regional Growth Manager at Grant Thornton), recognised both the lack of any coordinated Angel Group in the LCR Region, and for those active Angels, the difficulty in finding good opportunities to invest in.
MSIF has sponsored Liverpool’s first Sportswoman’s Lunch event, helping to raise £6,773.67 for Alder Hey Children’s Hospital.
The event took place on September 26th at 30 St James Street, bringing together over 130 guests from the professional services industry and entrepreneurs alike.
CiiVSOFT have secured a significant investment from MSIF, which will be used as development capital for the business.
CiiVSOFT is a business process and recruitment automation software developer.
Adam Butwilowski founded the business in 2014 and, together with his team, has been developing the software and technology over the past 3 years.
Visual Management and 5S solutions provider, Melo World Ltd, has received a £100,000 loan from NPIF – BFS & MSIF Microfinance, managed by MSIF in partnership with GC Business Finance as part of the Northern Powerhouse Investment Fund.
The Halton based signage specialists was founded by Managing Director, Phil Hudzik in 2012. Having worked for major design and print companies prior, Phil was responsible for new product development, innovation and strategy.
Knowsley-based speciality chemical manufacturing business, SolidTek, has received a £80,000 loan from NPIF – BFS & MSIF Microfinance, part of the Northern Powerhouse Investment Fund.
SolidTek was incorporated in 2015, by Steve Crick and Gary Harrison, who collectively have over 60 years of experience within the water treatment industry.
SolidTek manufactures solid paste water treatment products to prevent scale, corrosion and microbiological growth in water systems.
Lancashire-based technology platform will double staff numbers in the next 12 months and create a R&D function to accelerate new product development .
NPIF Maven Equity Finance (“the Fund”), part of the Northern Powerhouse Investment Fund (“NPIF”), and managed by Maven Capital Partners (“Maven”), has invested £750,000 in Lancashire-based Extreme Low Energy (“ELe”), a proven technology platform, which stores and efficiently distributes low voltage DC power, and which targets a number of different sectors.
Lancashire-based business, Pronar UK, has received a £100,000 loan from NPIF – BFS & MSIF Microfinance, part of the Northern Powerhouse Investment Fund.
Pronar UK was incorporated in 2016, by Founder and Managing Director, David Orrell.
Pronar is a major global leader in the manufacture of wheels for agricultural and municipal machinery, pneumatic and hydraulic systems, axles for trailers, trailer panels as well as highly engineered steel profiles and plastic components.
Sandycroft based Automation Integration business, Delta Rock Group, have repaid the investment made by MSIF in March 2017, over 4 years ahead of schedule.
Last year, MSIF provided a significant investment to fund a management buy in led by current Delta Rock Group owner Scott Davis.
A Liverpool-based start-up offering nutritious meals for an affordable price has received a £100,000 loan from NPIF – BFS & MSIF Microfinance, part of the Northern Powerhouse Investment Fund.
Bite Club, based in The Accelerator Building in Liverpool City Centre, provides nutritious and healthy superfood meals across the city from their cafés in multiple sites, branded fridges and app-powered online delivery service.