Is Northern Powerhouse Investment Fund II (NPIF II) open for applications?

Yes. It is open for applications, with no fixed deadline.

How much is Northern Powerhouse Investment Fund II (NPIF II) worth?

£25,000 to £2,000,000. It is a loan (repayable), and the funder decides what each applicant receives.

Who runs Northern Powerhouse Investment Fund II (NPIF II), and where is it available?

British Business Bank, through appointed fund managers runs it. It is available in England (North East, North West, Yorkshire and the Humber).

Open nowRegional grantVerified 9 Nov 2026

Northern Powerhouse Investment Fund II (NPIF II)

British Business Bank, through appointed fund managers

Check if you qualifyFree to check · no sign-up · full report £19.95

Worth

£25,000 to £2,000,000

Loan (repayable)

Deadline

Rolling - no fixed deadline

Type of funding

Loan (repayable)

Where

England (North East, North West, Yorkshire and the Humber)

What it is

Commercial finance, not a grant: loans you repay (£25,000 to £2 million) or equity investment where you sell shares (up to £5 million), for smaller businesses in the North of England (North East, North West, Yorkshire and the Humber). You deal directly with a fund manager, who makes the decision.

Checked 9 Nov 2026 on british-business-bank.co.uk: open for applications. Loans of £25,000 to £2 million and equity up to £5 million (£660m fund); you must be headquartered in the area or have a significant operating presence there, and you apply direct to the fund manager.

Official source

Who can apply

A summary of the main rules, not the full list. British Business Bank, through appointed fund managers decides who is eligible, so read their guidance before you apply. The free scan checks these against your own business.

Business based in England
Business in the North of England (North East, North West, Yorkshire and the Humber)
A small or medium-sized business

Read the full rules at the official source

Common questions

Is Northern Powerhouse Investment Fund II (NPIF II) open for applications?: Yes. It is open for applications, with no fixed deadline.
How much is Northern Powerhouse Investment Fund II (NPIF II) worth?: £25,000 to £2,000,000. It is a loan (repayable), and the funder decides what each applicant receives.
Who runs Northern Powerhouse Investment Fund II (NPIF II), and where is it available?: British Business Bank, through appointed fund managers runs it. It is available in England (North East, North West, Yorkshire and the Humber).

Does your business qualify?

Eligibility rules are where schemes get fiddly. Gov Owed checks your business against Northern Powerhouse Investment Fund II (NPIF II) — and every other UK scheme we track — in about two minutes, free. The £19.95 report then explains exactly why you qualify, drafts your answers and walks you through the real application step by step.

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Information, not financial advice; eligibility is decided by the funder. Contains public sector information licensed under the Open Government Licence v3.0. Schemes change — confirm details on the official page before applying.