A Biotechnology firm which has pioneered technology that will advance stem cell research and could lead to a cut in the number of medical tests on people and animals has won £1.6m of investment.
Reinnervate has been researching its...
The Business Growth Fund works to support established companies with strong growth potential and turnover in the range of £5m to £100m. The investment provided is in the form of equity capital. The minimum equity stake in any business will be 10% and the duration of the investment is flexible; typically from 2 to 10 years. The Business Growth Fund will: • invest around £2 million to £10 million in return for an equity stake in the business and two seats on the board; • invest in established UK companies that can demonstrate a strong growth trajectory; • have enough capital and resources at hand to move very quickly to the right opportunities; • offer longer-term funding over five to seven years or more; investing off its own balance sheet; • develop a partnership approach with investee businesses agreeing shared goals and objectives from the outset; • look for businesses with evidence of a strong track record and demonstrable growth potential; • carry out targeted due diligence in a cost-effective and timely manner and consider investment opportunities and business in all sectors apart from financial services and real estate. Where can I get more information? Business Growth Fund plc Tel: 0845 266 8860
Pall Mall Court
61-67 King Street
Manchester M2 4PD
Email: enquiries@bgf.co.uk
www.bgf.co.uk
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