Success Story
| Region/Nation | North East |
|---|---|
| Sector | Arts, Entertainment and Leisure |
| Programme | Northern Powerhouse Investment Fund |
| Partner |
Press on Vinyl is a Middlesbrough based business that makes vinyl records. A relatively young company, it pressed its first piece of vinyl in January 2022. With two pressing machines operating, its team now aims to press as many as 50,000 records per month, with a focus especially on independent artists and labels, small-run releases, and local musicians. Press on Vinyl received a £350,000 investment from the Northern Powerhouse Investment Fund, through fund manager FW Capital, which will enable it to grow and to create as many as 46 new jobs in the region over the next three years.
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Read a success story about Power Roll
Based in Murton, Power Roll, a pioneer in the solar energy transition, has raised £4.3 million in its most recent funding round, including £1.5 million from NPIF II – Maven Equity Finance, which is managed by Maven Capital Partners as part of the Northern Powerhouse Investment Fund II.
Read a success story about Xentra
A fast-growing Leeds cybersecurity company secured a six-figure loan from NPIF II – Mercia Debt Finance, which is managed by Mercia as part of the Northern Powerhouse Investment Fund II (NPIF II).