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SYIF Profile Summer 2009 Newsletter

Dear Reader,

Welcome to the latest edition of Profile.

What a great start to 2009 for South Yorkshire Investment Fund! In the first three months of the year, SYIF invested almost £1million in South Yorkshire businesses. In addition, since October 2008 we have assisted a total of 163 businesses and safeguarded 118 jobs which is really encouraging news.

We are looking forward to providing even more funding for businesses as the year progresses. This has been helped by the additional £7 million SYIF received from Yorkshire Forward in January to support business growth in Yorkshire and the Humber.  

We are continuing to work with Yorkshire Forward and Partnership Investment Finance to develop the £90 million regional fund planned for launch later this year but in the meantime the additional funding is helping to plug the gap between current and future Funds to ensure business continues as usual. During these difficult economic times it is important that we help make the Fund available to as many businesses as possible.

In this e-newsletter, you will find a whole host of great news stories about how SYIF is positively contributing to the region’s economy.

Highlighted are a high specification children’s outdoor clothes specialist in Barnsley, a creative media production company from Sheffield, a leading industrial adhesives manufacturer which has relocated to Barnsley and a biotechnology company from Dinnington who are going global.

Helping a range of small and medium sized businesses meet the gaps in funding they need for growth and development, SYIF provides seedcorn, loan and equity linked investments, ranging from £15,000 to £2.5m. It is very much business as usual and we urge any company within South Yorkshire to speak to us about how we can provide the funds required to assist their growth.

Regards

Tony Goulbourn
Chief Executive
South Yorkshire Investment Fund Ltd

PS: You can subscribe to the email newsletter by visiting www.syif.com/subscribe and following the instructions.

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Welcome

Welcome to the 23rd edition of Profile...

Delta Adhesives forge a bond with Barnsley

A leading industrial adhesives company is defying the credit crunch by relocating to Barnsley in a bid to expand the business into new markets...

£1million boost for South Yorkshire businesses

South Yorkshire Investment Fund invested almost £1million in the region’s businesses during the first three months of 2009...

ZOO Digital takes the silver screen by storm

A creative media production company from Sheffield has taken the silver screen by storm, thanks to more than £900,000 of funding from South Yorkshire Investment Fund...

New enterprise set to make IT green

An innovative Sheffield company has been established to help reduce carbon emissions within the IT industry. ..

Global company moves to Sheffield to help businesses

A global enterprise has moved to Sheffield to help UK organisations improve their corporate governance and avoid financial meltdown. ..

SYIF recruits new investment manager

South Yorkshire Investment Fund has appointed a new investment manager...

Funding boost gives adventurous business a new direction

An innovative Barnsley company that sells specialist kids outdoor gear has successfully expanded its business enterprise thanks to funding from South Yorkshire Investment Fund...

HSBC: An intermediary’s view

Across South Yorkshire, at four dedicated Commercial Centres, HSBC is committed to supporting the business community and, through its relationship with SYIF, has provided solutions across a wide spectrum of sectors...

Local businesses gain from SYIF expertise

Established businesses and budding entrepreneurs from across the region had the opportunity to benefit from SYIF’s guidance at a special event...

Biotechnology company has global vision

A South Yorkshire medical company has been chosen as the key distributor for Europe and the Far East by the largest independent human tissue processing company in the United States...