BUSINESS
£100M TO SUPPORT BUSINESS GOES NATIONAL
A partnership that brings together promising businesses and successful entrepreneurs along with government and private sector investment has been extended across the UK, Business Minister Michael Fallon has announced.
The Angel CoFund invests amounts of £100,000 to £1 million into SMES with high growth potential, working in partnership with syndicates of experienced business angels to help companies fulfil their promise. As well as providing funding for ambitious small firms, the fund is using government backing to encourage the expansion of the business angel culture. The Minister said: “Thanks to their hardwon experience in business, business angels can be savvier than banks at spotting winners. By reinforcing their commitment with government support, the CoFund will support the most promising and entrepreneurial businesses, giving growth and jobs a kick-start. “To date the fund has only been available to businesses in certain areas due to being funded from the Regional Growth Fund; but from today firms throughout the UK will be eligible �܈�\ܝ��[ܙ�H�]ZXY�ۋQ^X�]]�H�Z\�X[�وH[��[�ѝ[�YY�8�'�H�[���\ܝ[�[\�ݙH[��[[��\�[��[�HR��[��H�[���]�\�������\[�Y\�]�[�\�HH[ۙ^H��X[H��[HZ\��\�[�\��\ˈ�H\�HH[��X�]�H�[�[�H��[��H[�H\��\�و]�\H[�H�ܛ[��H\�H[Y�Y��HX�H��\ܝ[��\�[�]\��Xܛ���HR�[�\��^K��'B��[����[��H���\��\���H�[[ݙY�����[�]��[�]�HܙY]ܜ�ݙ\�0��͛HHYX\��H�][���YY\�����\��\�\�[��[����[��H���YY[���]�H�Y[�[���[��Y[�H�ۜ�[][ۈ��[Y[�X�\�Y�H�\�[�\��Z[�\�\�����[��ۋ�H����[��]�][��X�\��\�H�Y\H�]�]�[[ݚ[��[\ܝ[���X�[ۜ��܈ܙY]ܜ�[�[��YH[�\��\�[��H�^H[��X�[����[��H�X�][ۙ\��
T�H��[][�X�]H�]ܙY]ܜˈHYX\�\�\��Z[�Y[�H�ۜ�[][ۈ��[Y[�[��[��YN�8�(�\�YX�[��H�[X�\�و\�X�[YY][���وܙY]ܜ�
�X�\�Hٝ[��ܛH][�Y
H�HۛH�\]Z\�[��ۙH�\�HHٙ�X�KZ�\�[���]�X�\��\�H܈�\�H]X\�L\��[�وܙY]ܜ�\���܈ۙN�8�(�\�YX�[��H��HوH��\���܈�ۜ�[��X[ܙY]܈]][ۜ�
�\�H�YX�X[[�]\����YYY
N�8�(�]\�[��[ܙH[X��ۚX���[][�X�][ۈ�]ܙY]ܜ��][�����X��]H[��ܛX][ێ�8�(�\�YX�[��H�YY��YZ��[܈\�ݘ[وܙY]ܜ��܈�\�Z[�X�[ۜ��X\�H[�Z\�[�\�\��8�(�XX��\�[��[��X�\��\�HT�X�ܙ�Y\[���\]Z\�[Y[���8�(�X[��[��ٙ�X�KZ�\����[HۈH[����[�8�&\��X�ܙ��[�^Z[���X[�Z[\��YX�[��H�YY�܈ܙY]ܜ����\]H�Z[H�ܛ\��8�(�\�YX�[�������H�ݚY[��]�\�HH���وXZ�[��H�\�H�X[]�Y[�^[Y[�^�YY�HZ[�[][H[[�[�]\���XYH�][��XY��[�H\�Y�܈�Y\��[�Y�]وܙY]ܜ��[�8�(�\��X[[[�[��[�[�\��\�[��H���\���H�X�T��\ܝ�H�Xܙ]\�Hو�]HۈH�ۙX�و\�X�ܜ�و[����[���\[�Y\˂���Q\�[��[�\�X�H�]Y\���[�H[��ܜ�Y[��\�X[]Y\�و]\�\�]B��]�]H����]�Q\�[��\�[���[�\�X�H�]Y\���[�H[��ܙ\�Y[��\�X[Y\�و]\�\�]H�X[�\�[�\���]����L�X�\�Y�^H�H�[��H�܈�]Y\�[��\ܝY�H�ؘ[[��\�\��\�X�����]HX[وH��[X\��]\�ۙHوH[��[\ܝ[��X�ܜ�[�]\�Z[�[��H�X��\��و�Q\ˈ[[����\��و�Q\�[���YH�]Y\��[XZ[��[X[�ۈ�Y[���]�\��Y\��[�Z\���[X\��]��X�]\�HHY��X��وH�X�\��[ۈ[�]\�\�]HYX\�\�\��[�H�[Y��\�[�H[�Y��\�[��]Y\���YH�Q\�\�HZ�[H��H[ܙH�[�\�X�H��[��\�[�Z\���[X\��]���Y�ۈ�H�؈���\��[�\�H�]�[��ۜ��Z[�Y�Y�\�[��\�ˈ�Q\�[��[X��Y�Kܘ]�^H[��XY[��\�HZ�[H��H�\�[��[]YY�Z[���\�\��]��[H�Q\�[�[]�\���[��X����X^H�Y[HY��X��وZ\����&�[[��\�ZXY8�&B��\��Y\���[�[��\��[ۙ^H[�Z\���[X�ۛ�^H�\���ۙ\�[��\���ۙ�\��[^[��H�ۙ\��YY�^X�]]�Hو�[��H�܈�]Y\��ZY�8�'�X[[�YY][H�^�Y�\�[�\��\�\�HHY�X���وHR��&\�X�ۛ�^H�]�X[�\�[�\���]����Y��]X[�H]�H�Y[�\�X�[\�HY��X�Y�HH[\X�وH�X�\��[ۈۈZ\���[X�ۛ�ZY\ˈ^H�[�X�H�[[��\�ZXY\��\�\�]\�\�]HYX\�\�\�]�HHۛ���ۈY��X�ۈ��[[X[��܈Z\��\��X�\ˈ8�'Y�]X[]K]�Y[��H�\�Y��[ܛ��[���[�Hܚ]X�[�[[��R��]Y\��]�Y�]HH�[\H��Yو�X�ݙ\�K�[H�\ܝ���H�][ۘ[ܙ�[�\�][ۜ��X�\�R�K\��[\���[\��\���[�H�][�[[���Q\�]�\��Y�HZ\��\��Y\��\�H[�]�[�[ݙH[��^ܝ˸�'B��H�ۜ�[][ۈ��[Y[��[��H��[�]�����˘�\˙��Z��[����[��K��ۜ�[][ۜ˂����XY[ܙK�\�]��˘�X\��Y]�]Z˘��B��UQ��L��B��