Scads of Funding For Technology Companies

Keywords:

Technology Business Plan

Technology businesses in Great Britain have hit the jackpot!

As part of its Enterprise Capital Funds programme, the Department for Business, Enterprise and Regulatory Reform (Berr) will make the funds available to information technology, electronics and instrumentation companies seeking investment capital. The fund will be managed by TTP Ventures.

Individual companies will be able to raise equity finance of up to £2m. Two-thirds of the fund will be supplied by the government, while the remaining £10m will be supplied by private equity.