New Funds Aimed at Achieving Ambitions

Summary


Two new investment funds worth a total of pounds 17m which will help small North-East companies with big ambitions reach for success were launched this week at Durham County Cricket Club in Chester-le- Street.

The funds will offer targeted loans and equity to small and medium-sized firms struggling to raise finance from traditional sources, helping them grow and plan ahead with greater certainty for the future.

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Extract


New Funds Aimed at Achieving Ambitions

The launch of the Evolve Mezzanine and NEL Growth Funds brings to pounds 115m the total finance made available to regional firms over the past six years through publicly backed investment.

Hugh Morgan-Williams is chairman of ...

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