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Profile Autumn 2007 Newsletter


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Tony Goulbourn, Chief Executive, South Yorkshire Investment Fund

Welcome to the latest edition of Profile.

Despite our premises in Rotherham suffering in the horrendous floods, we've had a very busy summer with deals across all of our funds.

It's pleasing to see that the recently launched Seedcorn Fund is a success, with more deals being completed during the last quarter. It proves that such a fund was needed to help early stage technology and knowledge-based businesses in South Yorkshire. Anyone wanting more details on seedcorn funding should contact Jonathan Dixon, Deputy Chief Executive on 01709 386392 - or email jonathand@syif.com

Meanwhile, at the opposite end of the spectrum, SYIF has received an internal rate of return of 125 percent and a cash multiple of 8.5x on its original investment after the successful floatation of Pressure Technologies Plc - the parent company of Chesterfield Special Cylinders. You can read all about this on page 1.

We also welcome back to SYIF Andy Chaffer. Some of you will already know that Andy worked with us 18 months ago before heading for a position in Leeds. We are pleased he has re-joined us as our new Business Director.

This edition also shows a range of companies who have benefited from investments and loans from SYIF. We provide 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. If your company is requiring financial assistance, give us a ring on 01709 386377 or email us at info@syif.com and we can explain how we can help you.

I hope you enjoy reading this latest issue of Profile!


Tony Goulbourn
Chief Executive
South Yorkshire Investment Fund Ltd

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).