Welcome to the Sixteenth Edition of Profile

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