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Head of Business Link South Yorkshire joins SYIF board: Julie Readman joins South Yorkshire Investment Fund

Published: 11th July 2005

Julie Readman joins South Yorkshire Investment Fund

Julie Readman, Managing Director of Business Link South Yorkshire, has joined the Board of South Yorkshire Investment Fund Ltd (SYIF) which invests in fast growing businesses in the region.

Julie has been involved in the regeneration of the South Yorkshire region for the past 16 years with organisations such as Training & Enterprise Councils and Business Links. She has shaped many local projects in the business support arena.

Business Link South Yorkshire offers access to support and advice for new and existing businesses in the Sheffield, Rotherham, Doncaster and Barnsley areas to help them grow and develop successfully.

Julie said: "I am delighted to be joining the SYIF Board where my experience of business development and regeneration will hopefully contribute to its continued success in encouraging entrepreneurs in our region."

"The Fund is an essential part of the business support network in the region providing valuable access to finance for developing businesses. SYIF is designed to be here for the long term to support entrepreneurs and have a real impact on the South Yorkshire economy."

Tony Goulbourn, SYIF Chief Executive, said: "Business Link South Yorkshire and SYIF both cover the same geographical area and our interests are intertwined so it is very relevant that Julie should be joining our Board. Her vast public sector involvement in the business support arena will prove invaluable to our operations going forward and she is a very welcome addition to our Board of Directors."

Editor's Notes

About South Yorkshire Investment Fund

South Yorkshire Investment Fund  provided seedcorn, loan and equity linked investments, ranging from £15k to £2.5m, specifically to help small and medium businesses meet the gaps in funding they need for growth and development.

Created as part of the Objective 1 programme, the Fund is a private and public sector business finance provider. The European Regional Development Fund and Yorkshire Forward are investors in the Fund.

South Yorkshire Investment Fund also provided access to Business Angel investments from the Yorkshire Association of Business Angels and Microloans through BiG Business Loan Fund and Donbac Microloan Fund.

Finance Yorkshire has now taken on responsibility for providing gap finance in Yorkshire and the Humber.

For further details please contact Suzanne Tinkler,  on 0845 649 0000.

South Yorkshire Investment Fund Ltd is a company limited by guarantee (Registered No 3936065). South Yorkshire Investment Fund comprises three sub funds, the South Yorkshire Investment Capital Fund, the South Yorkshire Investment Development Fund, which are each managed by YFM Venture Finance Limited, and the South Yorkshire Investment Small Business Fund, which is managed by Finance South Yorkshire Ltd. YFM Venture Finance Limited (Tel 0113 294 5000) and Finance South Yorkshire Ltd (Tel 01709 386 377) are each authorised and regulated by the Financial Services Authority. South Yorkshire Investment Fund also provides a number of services, which are not regulated by The Financial Services Authority. These include the pilot Seedcorn Fund, BiG Business Loan Fund, Mentorbank and access to the Donbac Microloan Fund. BiG Business Loan Fund is managed by Donbac Ltd (company registration No. 01925556) and Key Fund Yorkshire Ltd (Tel 0114 242 8900).