£150 million fund targets Northern scale-ups
1 day ago
1 min read
A new £150 million fund is set to provide larger-scale investment for high-growth businesses across the North of England.
The British Business Bank will commit up to £150 million to the proposed Northern scale-up fund, which is designed to help innovative companies secure capital to accelerate growth and expansion.
Investments of between £5 million and £15 million are expected to be made in businesses across the North, including university spinouts and other high-growth companies.
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