Why the North West is ideal for founders
Unmatched business growth:
- The North West’s business-friendly ecosystem supports start-ups with essential resources, from funding to talent acquisition.
- It’s one of the most connected regions in the UK, offering easy access to major markets and supply chains.
Northern Powerhouse Investment Fund (NPIF): Driving success
The Northern Powerhouse Investment Fund (NPIF) is a joint initiative by the British Business Bank and ten Local Enterprise Partnerships (LEPs). It covers the North West, Yorkshire, the Humber, and Tees Valley, offering:
- Microfinance: For businesses needing smaller loans to get started.
- Debt finance: Supporting growth through larger funding options.
- Equity finance: Enabling companies to scale through strategic investment.
Since its inception in 2017, NPIF has delivered over £540m in funding, propelling small and medium-sized businesses (SMEs) across the North of England. The recent launch of NPIF II adds another £660m, extending support to include the entire North East.
Meet the team that champion the North West's founders
At the heart of the North West’s entrepreneurial ecosystem is a dedicated team of experts supporting businesses through every stage of their journey. From investment directors to marketing professionals, our team is here to ensure your success.
Funding, loans and grants for start-ups
Accessing the right funding is critical to any founder’s journey. In the North West, there are a wealth of grants, loans and funding opportunities designed to:
- Manage cashflow during early-stage growth.
- Help founders build skilled teams.
- Support innovation and business development.
Explore the options:
- Government grants: Non-repayable funds for eligible projects.
- Start up loans: Low-interest loans to help kickstart your business.
- Private investment funds: Strategic funding with mentorship opportunities.
Accelerators and incubators: Catalysts for success
Joining an accelerator or incubator can transform your start-up. These programs offer:
- Office space: A collaborative environment for innovation.
- Investor access: Direct connections to funding opportunities.
- Expert mentorship: Guidance from industry leaders and peers.
Many accelerators operate on an equity exchange model, taking a small stake in your business in return for their services. Popular North West incubators include:
- Sensor City
An innovation hub focused on sensor technologies, offering state-of-the-art laboratories and business support. - Liverpool Science Park
Provides office space, laboratories, and business support services for science and tech startups. - Sci-Tech Daresbury
A national science and innovation campus near Liverpool, providing incubation and support for high-tech businesses. - The Landing at MediaCityUK
Supports scaleups in creative and digital tech industries with co-working spaces, programs, and business development support.
Success stories
See all postsReady to launch or scale your business?
The North West offers everything you need to succeed: an unrivalled network of support, substantial funding opportunities and a collaborative entrepreneurial spirit. Start your journey today and be part of the region’s incredible growth story.