East and West Sussex are among key areas targeted by a new scheme to help small business.

The South-East Growth Fund (SEGF) provides risk capital to small businesses who can demonstrate an ability to grow quickly.

The fund has a limit of £250,000 for an initial investment with the potential for future investments totalling £500,000.

Eligible companies may come from service and manufacturing industries and can be at any stage in the development cycle.

The fund has been developed in order to support smaller businesses that have been overlooked by investors preferring to back bigger players.

The Department of Trade and Industry, Barclays, Berkshire Pension Fund and Royal Bank of Scotland are key investors in the fund.

For further information, call 01883 337111 or email mail@segrowthfund.co.uk
Wednesday June 25, 2003