The Business Angel Co Investment Fund

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The Business Angel Co Investment Fund

Coverage: Blackburn with Darwen, Blackpool, Burnley, Chorley, Fylde, Hyndburn, Lancaster, Pendle, Preston, Ribble Valley, Rossendale, South Ribble, West Lancashire, Wyre,

Finance Type: Business Expansion, Capital Investment,

Summary

The fund will make £50,000,000 available to invest alongside Business Angel networks or syndicates into eligible SMEs. The fund will operate by investing alongside and on the same terms as Syndicates. The fund will not be open to approaches from individual businesses. Businesses seeking investment should first look for an investment Syndicate.

Funding: The CoFund will look to provide funding of between £50,000 and £1,000,000 in investment rounds ranging from £200,000 upwards into eligible SMEs.

Type of Funding: Grant

Project Timeframe - Expiry Date: Sunday 31st March 2013

Eligibility: RGF eligbility rules apply

Disclaimer: The information above was accurate at the time of publishing. This is a constantly evolving directory and we will amend the details as and when required. Regenerate Pennine Lancashire is not responsible for the accuracy of external information.

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