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Finance and investment

GMCA Meeting on Friday

This Friday's GMCA meeting has been moved from Bolton to Manchester.

Greater Manchester Investment Fund

Greater Manchester Investment Fund (GMIF)

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 7,150 jobs.
  • Commercial property funds have supported the development of 330,794 sqmt of commercial floor space and the redevelopment of 23 hectares of Brownfield land.
  • £423m invested into residential development across 40 sites in Greater Manchester, supporting the building of over 5,150 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.

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