NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund (NPIF), invested a total of GBP17 million in 14 dynamic, high growth businesses in 2021.
In addition to the direct investments, NPIF – Maven has also successfully leveraged an additional GBP34 million in private sector finance for local businesses creating 402 new jobs last year alone.
Appointed by the British Business Bank in February 2017, Maven manages GBP96 million worth of equity finance after being allocated an additional GBP15 million to invest in businesses until the end of 2023 for the Northern Powerhouse Investment Fund, working with the Local Enterprise Partnerships (LEPs) and Combined Authorities in the North West.
