The £185 North West Fund goes Live

5th January 2011

Categories: MOST News

North West Business Finance Ltd (NWBF) with support from the Northwest Regional Development Agency (NWDA) the European Regional Development Fund (ERDF) and the European Investment Bank is today (20th December 2010) ready to make investments from The North West Fund.

The North West Fund is a new £185m evergreen fund for Northwest businesses (previously known as the Venture Capital and Loan Fund or VCLF) and is one of the largest public sector funds of its kind in Europe and the largest in the UK. Between 2010 and 2015 the Fund is expected to create/safeguard almost 14,000 jobs and improve the economic performance of England’s Northwest with an estimated GVA increase of £700m.

For more information click HERE