Reference:
20090055
Release date: 31 July 2009
Release date: 31 July 2009
Promoter – Financial Intermediary
The fund is promoted by Yorkshire Forward, the Regional Development Agency of the Yorkshire and Humber region.Location
Description
Funding for a Venture Capital and Loan Fund, set up to provide risk capital in Yorkshire and the Humber region under the JEREMIE initiative.
Objectives
Provision of Finance for SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 45 million.
Total cost (Approximate amount)
Up to GBP 90 million.
Environmental aspects
Compliance with national regulations transposing EU environment directives will be required.
Procurement
The fund will be subject to a formal tender process for the fund management contract.
Status
Signed - 23/07/2010