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Government announces new venture capital fund |
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Written by Calum Haswell
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Tuesday, 30 June 2009 |
The prime minister has announced the creation of the UK Innovation Investment Fund. This fund is to invest in technology-based businesses, focussing on small businesses, start-ups and spin-outs. The Government hopes this scheme could leverage enough private investment to raise £1 billion over the next ten years. This fund is part of the Government’s Building Britain’s Future strategy.
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