Announcement - Board Succession

North West Fund Pays Tribute to Outgoing Board as New Era Begins

The North West Fund today announced the retirement of its Board of Directors, paying tribute to their leadership, vision and commitment over many years of service to businesses across the North West of England.

Under the outgoing Board, working alongside the talented executive team, the Fund has delivered a significant impact on the regional economy, helping to create more than 6,300 jobs, supporting the launch of 443 new businesses, and attracting in excess of £300 million of private sector investment into North West SMEs.

Significantly, the Board has been instrumental in securing the creation of a landmark £60 million legacy fund, ensuring continued investment into ambitious small and medium-sized enterprises across the region for years to come.

The Chair of the Fund said:

“The contribution made by the retiring Board has been exceptional. Their dedication, expertise and belief in the entrepreneurial strength of the North West have helped build one of the most impactful regional investment programmes in the UK.

Under their leadership, thousands of jobs have been created, hundreds of businesses have been launched and grown, and substantial private investment has been unlocked for the regional economy. A true achievement is the establishment of the new £60 million legacy fund, which will continue to support innovation, growth and opportunity across the North West long into the future.

We extend our heartfelt thanks and appreciation to every member of the outgoing Board for their outstanding service.”

The Fund also confirmed that a new Board of Directors has now been appointed to lead the organisation into its next phase of development.

The newly appointed Board will oversee the transition of the Fund into an evergreen investment vehicle dedicated to supporting the long-term growth of SMEs throughout the North West of England, ensuring that capital generated through successful investments can be continually recycled back into the regional economy.

A spokesperson for the newly appointed Board said:

“We are honoured to build upon the legacy established by the outgoing Board. The foundations they have created provide an exceptional platform for the future.

Our ambition is to create a truly enduring investment institution for the North West — one that continues to back ambitious businesses, stimulate innovation, create high-quality jobs and strengthen the regional economy for generations to come.”

Further announcements regarding the new Board and future investment strategy will be made in due course.