The European Investment Fund’s (EIF) decision to invest £53.5m (E86m) in nine UK regional venture capital funds is regarded as a ‘model programme’ that will be of great benefit to other European countries. The UK government, in partnership with the EIF and other private sector investors, is helping to set up funds in each of the nine regions to provide venture capital of up to £500,000 in order to enable small businesses caught in the equity gap to realise growth ...
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