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29 April 2014

Cliff Maylor, CEO, North West Business Finance Ltd

Welcome to the sixth edition of our quarterly newsletter “INSPIRE”...

Cliff Maylor edit

I am pleased to say that we have had a successful first quarter, investing over £8.5 million into more than 25 businesses which brings our total investments to date to more than £87 million into 265 companies.

It was noted in the Chancellors recent budget that despite the deficit the British economy is growing faster than any other advanced economy. It was also confirmed that a new scheme is to be launched to boost exports which is now rightly regarded as a key factor in ensuring that the UK economy continues to grow and recovers over the coming years.

With that in mind this issue of INSPIRE showcases some examples of our portfolio companies that have used investment from The North West Fund to successfully explore new markets overseas.

There has never been a better time to trade internationally. Whether you are new to exporting or are looking to expand a well-established range of global products and services there is always more you can do to increase your bottom line.

UK Trade & Investment (UKTI) research shows that companies which export are more productive than non-exporters, achieving stronger financial performance and are more likely to stay in business. You can read more from UKTI, in their article on the importance of North West exports, later in the Newsletter.

The International Festival for Business takes place this summer, predominantly in the Liverpool City Region but there will be events going on across the whole of the North West, aiming to connect UK businesses with international partners.

The North West Fund will be involved in various events throughout the seven week festival including Made in the UK, Merseyside Innovation Awards, and hosting our own finance breakfast in partnership with the Enterprise Europe Network.

Cliff Maylor
CEO of North West Business Finance Ltd which manages The North West Fund




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