£100 million fund to support business growth goes national
A successful partnership that brings together promising businesses and successful entrepreneurs along with government and private sector investment has been extended across the UK, Business Minister Michael Fallon announced today.
The Angel CoFund invests amounts of £100,000 to £1 million into small and medium sized businesses with high growth potential, working in partnership with syndicates of experienced business angels to help companies fulfil their promise.
As well as providing much-needed funding for ambitious small firms, the fund is using government backing to encourage the expansion of the business angel culture.
Read the full BIS press release on their website here