JEREMIE Fund North East of England
- Reference: 20080463
- Release date: 11 February 2009
The fund is promoted by One North East, the Regional Development agency for NE England.
- United Kingdom
Funding for a Venture Capital and Loan Fund set up to provide risk capital in the North East of England under the Jeremie initiative.
Provision of Finance for SMEs.
- Credit lines
Up to GBP 62.5 million.
Total cost (Approximate amount)Not applicable.
Environmental aspectsCompliance with national regulations transposing EU environment directives will be required.
The fund will be subject to a formal tender process for the fund management contracts.
Signed - 27/11/2009.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
