Written question asked by Lord Taylor of Warwick (Conservative), in the House of Lords. It was answered by Baroness Vadera (Labour) on Monday, 5 October 2009.
Regional Venture Capital Funds
- Question
- To ask Her Majesty's Government whether they will make public information regarding the performance of Regional Venture Capital Funds.
- Answer
-
Regional venture capital funds (RVCFs), launched in 2002, were designed to increase the amount of equity investment available to SMEs in amounts up to £500,000 to SMEs that demonstrate growth potential. From a total fund size worth £250 million, £133 million has been invested in 356 companies. This includes a government commitment of nearly £75 million which has been fully drawn down. The Department for Business, Innovation and Skills is currently undertaking an interim assessment of the performance of the RVCFs. This is due to report in autumn 2009.
Secondary information
- Type
- Written question
- Reference
- 712 c431WA; 5298
- Session
- 2008-09
- Notes
- Answer received between Monday 24 August and Tuesday 1 September 2009.
- Subjects
- Venture capital
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2025-03-18 18:51:03 +0000
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