SYIF Profile Autumn 2009 Newsletter
Welcome to the latest edition of Profile.
In the current economic climate it is vital that businesses in South Yorkshire continue to be effectively supported. We for our part are constantly listening to companies and intermediaries and adjusting our approach to market need.
SYIF remains available to plug financial gaps for businesses looking to develop and grow. This process of getting the climate right for business is one of our key goals and with the help of Yorkshire Forward we have maintained the momentum and continuity of funding.
As you are aware the current Fund will be coming to an end and we continue to work closely with Yorkshire Forward and Partnership Investment Finance to develop the Regional Successor Fund, ‘Finance Yorkshire’, which is now expected to begin in 2010.
You can register to receive 'Finance Yorkshire' news and information, as it becomes available in the second article of this newsletter, please see below.
Also, in this issue we feature a significant success story, SYIF’s successful exit from Transtar, SYIF’s first ever equity linked investment made in 2002. The exit is another great success for SYIF who has invested £60 million (including money with management) in South Yorkshire businesses, helping to create wealth in the region and to safeguard jobs for local people.
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.
We do hope you enjoy reading this latest edition of Profile.
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 to the 24th edition of Profile...
As you are aware SYIF will be coming to an end and we are working with Yorkshire Forward and Partnership Investment Finance to develop the £90 million Regional Successor Fund, ‘Finance Yorkshire’, which is now expected to begin in 2010...
A Sheffield-based freight forwarding company has been sold to Transglobal Freight Management (TGFM) in a trade acquisition that is set to enhance and improve the company’s existing services...
Business investment during the recession was the hot topic at a gathering of the region’s leading finance providers in Sheffield...
A national online marketing company has been rewarded for its growth by receiving a further significant investment. ..
South Yorkshire’s growing expertise in the creative industries can play a pivotal role in steering the region’s economy out of a recession if it receives sufficient financial support, according to a latest survey. ..
A Bolsterstone company which produces school uniforms is gaining grade A results...
A successful Yorkshire web agency is bringing a new product to market in super quick time thanks to funding from South Yorkshire Investment Fund...
Yorkshire and Humberside businesses continue to be affected by a finance gap, but are confident that conditions will improve over the coming year, according to an independent online survey. ..
PricewaterhouseCoopers LLP (PwC) is the largest professional services firm in the UK. Established in Sheffield in 1950, the city-based office now has more than 80 employees dedicated to providing clients with high levels of service and advice in assurance, advisory and tax. PwC is the only "big four firm" in South Yorkshire. ..
An innovative technology company is ready to move to South Yorkshire and clean up the market with a unique product...