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Profile Spring 2008 Newsletter


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Tony Goulbourn, Chief Executive, South Yorkshire Investment Fund

Welcome to the 18th edition of Profile.

This is the first newsletter of 2008 and therefore may I take this opportunity to offer my best wishes to you for the coming year. Hopefully it will be a prosperous and successful 12 months for all!

I am pleased to kick-off the New Year with the news that the Seedcorn Fund, launched in April 2007 by South Yorkshire Investment Fund, is on target to fully invest £4.65m in early-stage companies often seen as too high risk by mainstream investors.

This is a great achievement and one which has capitalised on a major gap in the market. We are now looking to gain further funding and provide additional investment to businesses which match these criteria.

You may also be reading this newsletter after attending one of our successful roadshows across the region. The events gave local businesses the opportunity to find out more about SYIF and our future plans.

The achievements of SYIF were also recognised at the Sheffield Business Awards at the end of 2007, where the Fund received the Wake Smith Regeneration Award for its best practice and successful track record in delivery of urban regeneration.

I was delighted to receive the accolade on behalf of everyone at SYIF. Our success is down to the hard work and commitment of a great amount of people - from the investee companies to business mentors. All of which contributes to providing local companies, not just finance, but business advice and support.

Examples of the backing provided by SYIF to businesses across South Yorkshire are highlighted in this newsletter, which I hope you enjoy taking the time out to read!

Remember SYIF 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, please give us a ring on 01709 386377 or email us at info@syif.com and we can explain how we can help you.


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).