
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 venture capital fund, launched in mid 2004, that was established to finance growth-orientated companies and encourage entrepreneurship in England’s former coalfield areas which were previously reliant upon the economic benefits of coalmining and where there remains an ongoing need to encourage and assist both individuals and companies to diversify into new high growth sectors.
The Fund is very flexible in its approach and companies at any stage in their development are eligible for investment, from start ups and early stage, to ongoing development and buy out/buy ins.
All enquiries for investment are welcome and the Fund Manager will consider each proposal on its commercial merits. Enterprise Ventures, as Fund Manager, is particularly keen to have early discussions as to requirements and eligibility, even in advance of specific requests for investment being prepared.
In addition to finance, the Fund offers a broad range of support and guidance in assisting companies with their strategic, market and operational development, and generally in achieving their potential.