Signature(s)
Amount
€ 80,764,996.64
Countries
Sector(s)
United Kingdom
: € 80,764,996.64
Credit lines
: € 80,764,996.64
Signature date(s)
27/11/2009 : € 80,764,996.64
Link to source
Data sheet
Other links
Summary sheet
Release date
11 February 2009
Status
Reference
Signed | 27/11/2009
20080463
Project name
Promoter - financial intermediary
JEREMIE Fund North East of England
The fund is promoted by One North East, the Regional Development agency for NE England.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to GBP 62.5 million.
Not applicable.
Location
Sector(s)
Description
Objectives
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.
Environmental aspects
Procurement
Compliance 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.
Link to source
Summary sheet
Other links
Data sheet