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.
The final Enterprise Show of 2009, located in a giant marquee at the Meadowhall centre, was one of a number of Business Link Enterprise Shows held across the region every year. The shows, which are funded by Yorkshire Forward and delivered by Business Link Yorkshire, provided a huge range of free advice and information under one roof on how to start and develop a business.
Representatives from SYIF were on hand to showcase how the investments they provide can help small and medium sized businesses meet the gaps in funding for development.
Suzanne Tinkler, marketing manager at SYIF, said: “We are always delighted to attend this kind of event so we can talk to businesses and entrepreneurs from across South Yorkshire and show how SYIF can assist their growth and development.
“Hundreds of people came through the doors of what was a very successful event.”
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).