KIRKLEES companies are among hundreds of firms across Yorkshire to get the inside information on a new £90m venture capital and funding loan.
More than 1,000 business leaders and financial intermediaries across the region have attended briefing events held by Finance Yorkshire to spotlight the new fund.
A team including Yorkshire Forward delegates and Finance Yorkshire fund managers and board members who toured the region have received a positive response from corporate financiers, advisers, accountants and solicitors.
The fund will provide seedcorn, loan and equity linked investments ranging from £15,000 to £2m to help small and medium businesses meet the gaps in funding they need for growth and development.
Jonathan Dixon, acting chief executive of Finance Yorkshire, said: “The events have provided great opportunities to have dialogue with financial intermediaries and local business leaders. Having face-to-face contact with the people we will work with over the next few years means we are already building knowledge of business trends in the area and of the SMEs we can invest in.
“This will make for a smoother and quicker process for all involved. We now look forward to immersing our time into investing our money in the region’s promising businesses.”
The project is supported financially by the European Union. It has attracted £30m investment from the European Regional Development Fund.
Ring 0845 6490000 or visit www.finance-yorkshire.com
