Business, Innovation and Skills written question – answered at on 16 July 2012.
To ask the Secretary of State for Business, Innovation and Skills how much private investment was provided through the Enterprise Capital Funds scheme in (a) 2010, (b) 2011 and (c) 2012 to date.
Enterprise Capital Funds invested a total of £35.01 million in 2010, £36.56 million in 2011 and £12.8 million between
Enterprise Capital Funds use public money to leverage private sector investment into the equity gap, providing equity finance for early stage companies with the potential for high growth. Since the programme started in 2006, £146.8 million has been invested by funds, of which £74.1 million has been invested since May 2010.
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