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NEWS

Business Growth Fund Open

27th May 2011

Categories: Business News

A new Business Growth Fund, backed by five of the UK’s main banking groups, has been established to take equity investments in British companies. The fund, set up after a recommendation by the British Bankers Association’s Business Finance Taskforce last year, will invest between £2m and £10m in individual businesses in return for a minimum 10% equity stake and a seat on the board for a Business Growth Fund director. 

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