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JEREMIE Fund Yorkshire

Summary sheet

Release date
31 July 2009
Status
Reference
Signed | 23/07/2010
20090055
Project name
Promoter - financial intermediary
JEREMIE Fund Yorkshire
The fund is promoted by Yorkshire Forward, the Regional Development Agency of the Yorkshire and Humber region.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to GBP 45 million.
Up to GBP 90 million.
Location
Sector(s)
Description
Objectives

Funding for a Venture Capital and Loan Fund, set up to provide risk capital in Yorkshire and the Humber region 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 contract.

Link to source
Summary sheet
JEREMIE Fund Yorkshire

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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