This initiative is part of Opportunity Haringey, our new inclusive economy plan to create a fairer and greener local economy that builds on local creativity.
A fund supporting local businesses to grow
Loans from £50,000 to £300,000 are available at attractive rates for small to medium-sized businesses (under 250 employees) in Haringey.
Results achieved so far
To date, the OIF has:
- facilitated the creation of 157 jobs (around half of which were filled by local people)
- committed a further 146 jobs to be created over the loan period
- benefitted 22 businesses (50% were new start-ups and 50% were led by Haringey residents)
- created workspace and production/creative studio space for around 161 small and medium-sized enterprises
- seen over £3.35 million of private sector investment in Haringey’s commercial premises matching OIF funding
The OIF has already given a wide range of businesses the chance to take their products and services to the next level.
Eligibility
The Opportunity Investment Fund (OIF) could be the loan fund for you if you are:
- looking to expand your business already operating in Haringey
- willing to move your business to Haringey
- passionate about employing local people and providing them with first-class training
- looking for support with business planning and with your loan application
The OIF is one of our support initiatives that has:
- attracted new businesses to Tottenham and Wood Green
- allowed existing businesses to grow in all areas of Haringey
The OIF is open to small and medium-sized businesses (under 250 employees) in any sector, especially for:
- creative businesses
- businesses interested in becoming more sustainable (including retrofit activities)
- affordable workspace operators
- businesses seeking finance to grow with targets focused on increasing employment and commercial floor space
Could you be next?
Contact us if you want to discuss with a member of our team.
Contact us about the Opportunity Investment Fund
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