NPS banks on Murphy

Nottingham Professional Services (NPS), the independent network for Nottingham’s professional community, has announced the addition of respected financial services figure John Murphy to its committee.

Murphy has worked across the region with major names including RSM, Baker Tilly and The Co-Operative Banking Group and is a commercial finance consultant at Nottingham financial broker Sterling Capital Reserve.

NPS runs networking, CPD and briefing events across the city and has a diverse committee representing Nottingham’s thriving professional services sector. John’s role will see him spearheading relationships with financial firms and raising awareness of funding options available for their clients.

Murphy has wasted little time in his new role, organising a major briefing on the new Midlands Engine Investment Fund to be held on Friday 18th May at local firm, Potter Clarkson.

The event is being run in conjunction with British Business Bank and D2N2 LEP Growth Hub and is an opportunity for Nottingham’s professional services community to learn more about the new £250m fund.

John commented; “I’ve been to many NPS events ever since it was formed and the key thing for me has been learning something new or meeting someone new that I can help or who can help me and my clients.
“I’m delighted to be joining this talented team who all devote a lot of their own time to building and maintaining Nottingham’s reputation as a professional services hub. This breakfast briefing is absolutely vital as it will be attended by representatives of the four fund managers. They will be tasked with the brief to explain to business advisers and the local business community the new funding opportunities available and how businesses can access them.”

The Midlands Engine Investment Fund (MEIF), supported by the European Regional Development Fund, provides commercially focussed finance through Small Business Loans, Debt Finance, Proof of Concept and Equity Finance Funds.

It aims to transform the finance landscape for smaller businesses in the Midlands and to realise the region’s potential to achieve economic growth through enterprise.

The fund will provide debt and equity finance from £25,000 up to £2m for growing small businesses across the Midlands.