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Joining up sources of Growth Finance for SMEs:. July 2011. Capital for Enterprise Ltd 1 Broadfield Close Broadfield Business Park Sheffield S8 0XN 0114 206 2131 www.capitalforenterprise.gov.uk.
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Joining up sources of Growth Finance for SMEs: July 2011 Capital for Enterprise Ltd 1 Broadfield Close Broadfield Business Park Sheffield S8 0XN 0114 206 2131 www.capitalforenterprise.gov.uk
Capital for Enterprise is an independent asset manager with unique experience in small company finance • Capital for Enterprise Limited (“CfEL”) manages a number of equity and debt schemes, which together total more than £3.3bn to SMEs • Our independent Board of Directors has extensive knowledge of small company finance • CfEL has a wide and fully autonomous operational capability – financial, reporting and regulatory
CfEL manages a number of equity and debt schemes, which together provide more than £3.3bn to SMEs 1 *To date, not including ECFs awarded but not operational. ** At first close; the managers expect to increase this by the end of 2010
CfEL manages a number of equity and debt schemes, which together total more than £3bn to SMEs (continued) 1 *This includes the loans drawn down plus additional unused capacity, including the £200m extension announced in the Budget in June 2010.
Enhanced Activity 4 Objective Greater Coherence and Consistency of Public Interventions • RDA Programmes • Over £900m of funding for SMEs • Legacy and active funds will novate to BIS or SPVs • CfEL will manage BIS interests and advise and/or take [partb in governance of SPVs • Wider Role • HMG centre of expertise on SME risk capital • Advising and acting for BIS, Scottish Government, Northern Ireland Assembly, DECC, OCS, DCMS