
CEF completes further investment in CoreRFID Limited
The Coalfields Enterprise Fund, established to support SMEs in the former English coalfield regions, has completed a further investment in CoreRFID Limited
CEF provides further funding to Caspian Learning Limited
The Coalfields Enterprise Fund has completed a further investment in North East-based Caspian Learning Limited as part of a £1.5 million funding round
The Coalfields Enterprise Fund is a commercial venture capital fund set up to support the growth of businesses and encourage entrepreneurship in England's former coalfields. The Fund will bring over £20 million of new investment into these areas and finance new-start companies, established businesses seeking to expand, acquisitions and mergers, and buy-outs/buy-ins.
The Fund is managed by Enterprise Ventures Limited on behalf of the Department for Communities and Local Government.
Enterprise Ventures Limited is a leading provider of private equity and venture capital to high growth unquoted companies in the North of England and the Midlands and manages a range of funds that offer funding to new and existing SMEs across these regions.
Enterprise Ventures Limited is regulated by the Financial Services Authority and is a member of the British Venture Capital Association.
The Fund can assist new and existing SMEs, which require equity or mezzanine finance based upon the eligibility criteria.