Enterprise Capital Funds
Enterprise Capital Funds have been established to address a market weakness in the provision of equity finance to SMEs. Government funding is used alongside private sector funds to establish funds that operate within the ‘equity gap’; targeting investments of up to £2m that have the potential to provide a good commercial return. The first five funds supported under the scheme were launched in 2006-7 following a pathfinder competition. A further three funds were awarded ECF status in 2007 and will launch in 2007-8.
Read more at:
http://www.berr.gov.uk/bbf/enterprise-smes/info-business-owners/access-t...
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