The Greater Manchester Investment Fund is a series of investment funds aimed at encouraging business growth and investment in property and infrastructure.
Achievements to date:
£100m invested into over 90 businesses in Greater Manchester creating/safeguarding over 6,500 jobs.
Commercial property funds have supported the development of 171,921sqft of commercial floor space and the redevelopment of 23 hectares of Brownfield land.
£393m invested into residential development across 31 sites in Greater Manchester, supporting the building of over 5,400 new homes.
Private sector funds leveraged to date of circa £1 billion.
Creation of GM Fund of Funds to oversee the investment of £60m funding under the 2014-2020 European Regional Development Fund programme.
Overall, our ambition is for Greater Manchester to become a financially self-sustaining city, sitting at the heart of a Northern Powerhouse with the size, the assets, the skilled population and political and economic influence to rival any global city. We are hugely optimistic about our future as a place to invest.