The British Business Bank launches a new £70 million commitment to support smaller businesses from all sectors right across Northern Ireland.
The Investment Fund for Northern Ireland (IFNI) aims to drive sustainable economic growth by supporting innovation and creating local opportunities for new and scaling businesses who may have struggled to access finance elsewhere.
Whiterock Capital Partners will manage the debt fund offering loans of £25,000 up to £2 million while Clarendon Fund Managers will provide equity stakes in smaller businesses up to £5 million.