18th May 2012
Government Launches Two New Equity Investment Funds
31st May 2006
The Department for Trade and Industry has announced its intention of creating two new Enterprise Capital Funds (ECFs) that will invest between £500,000 and £2 million in Small and Medium Sized enterprises with the aim of boosting innovation, jobs and growth.
These funds are the latest in a series of funds created as a result of the 'Bridging the finance gap’ consultation, which outlined the Governments proposals to establish a number of Enterprise Funds to help small businesses access the capital necessary to develop their potential. The Seraphim Capital Fund which is a £30m generalist co-investment fund that will be managed by a coalition of 'business angel' networks and will focus on investments in companies throughout the UK predominantly in the early stages of development. The Amadeus Enterprise Capital Fund which is a £10m fund that will focus on seed technology investments. The Fund will be managed by Cambridge based Amadeus Capital.
