For all those with ltd companies:
£30 million for technology firms
posted:03/12/2008
A new £30 million technology fund has been set up to help small and medium technology firms.
The money is being made available as part of the Enterprise Capital Funds (ECF) programme. Investment will be focused on information technology, electronics and instrumentation companies with ‘strong growth potential’.
The scheme will be handled by TTP Ventures, and is expected to award capital of between £500,000 and £2 million per company.
‘Enterprise Capital Funds provide an important source of capital for SMEs looking for equity investment, said Business Secretary Peter Mandelson. ‘This latest fund further demonstrates Government's commitment to support business through these difficult economic conditions.’
More information on the Capital for Enterprise programme can be found here (http://www.capitalforenterprise.gov.uk/).
