£1.5 Billion Government Business Growth Fund


A  £1.5 billion government sponsored equity investment fund has been established to meet growth finance needs of UK companies.The fund was created as a result of recommendations made by the Business Finance Taskforce in October 2010, which was established following the government's green paper 'Financing a Private Sector Recovery' in July 2010 to analyse the finance needs of UK businesses and create a framework to support private sector growth. The fund is targeted at established companies with a high potential for growth that have a turnover of between £10m and £100m, and will invest between £2m and £10m in return for a minimum equity stake of 10%.

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