INVESTMENT FUNDS

BY KEITH NUTHALLEUROPEAN Union business investment funds have been launched in the UK for four poorer regions eligible for so-called Objective 1 regional development money from Brussels. The European Commission is setting aside Euro 145 million for the funds, which cover Merseyside, South Yorkshire, West Wales and the Valleys, Cornwall and the Isles of Scilly. They will supply integrated risk capital to small and medium-sized enterprises. Merseyside Special Investment Fund, Finance Wales, South Yorkshire Investment Fund and Finance Cornwall will support small ...


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