The Government has launched a new Enterprise Capital Fund, Notion Capital, that will invest £40m in small and medium sized enterprises in the UK.
Speaking about the new event Business and Enterprise Minister Mark Prisk said:
“It is absolutely vital that ambitious small firms can access the finance they need to expand and grow, and this new Enterprise Capital Fund will provide at least £40m of funding to viable UK high-tech businesses.”
Notion Capital has a pan-European focus and will invest at least £40m in the UK, this is higher than any previous Enterprise Capital Fund.