South Yorkshire Investment Fund
2nd Floor, Capitol Court, Dodworth, Barnsley, South Yorkshire, S75 3TZ, United Kingdom
Overview
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 development or acquisitions. Created as part of the Objective 1 programme, the Fund was a private and public sector business finance provider. The European Regional Development Fund and Yorkshire Forward are investors in the Fund. More than 9,100 jobs were created and safeguarded in the region due to the support provided by South Yorkshire Investment Fund (SYIF). The Fund provided three main products, structured to back businesses through critical stages of growth: Seedcorn Start-up Finance, Business Loans, Equity Linked Investments. Almost all sectors were eligible (some restrictions apply) and they will look at capital expenditure, working capital, start-ups, expansions, MBOs & MBIs, acquisitions, mergers and turnarounds. SYIF often worked alongside other finance providers such as banks, and other lenders and can help put together a finance package to meet your needs.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- eoSemi
Participated · Equity · Jun 2010
eoSemi develops a silicon-based timing device designed to replace quartz crystals across consumer electronics, industrial, automotive and wireless applications. The technology allows a timing reference to be placed directly onto existing silicon, reducing the number of parts per device and lowering cost and size. The company says the device can be used in mobile phones, televisions and other systems. eoSemi will use the funds from the recent raise to bring this new timing device to market. The company is based in Rotherham, UK and has attracted both new and existing investors to support commercialization efforts.
Team
No current team members are available.