New Funding Opportunity for Biotech and Pharma in the North West
The Northwest Regional Development Agency (NWDA), with support from the European Regional Development Fund (ERDF), has announced a £15m transitional venture capital (VC) & loan fund for businesses in the region, at the Business Finance 09 seminar in Manchester today (Monday 29th June).
The new fund, providing VC and loan funding has been created to ensure there is no gap in public finance support for businesses in the Northwest, whilst details on the new long term Northwest Venture Capital & Loan Fund are completed.
Venture Capital & Loan funding (VCLF) is a combination of loan, equity and mezzanine funding to support business growth. Loans range from £50,000 to £250,000 with Equity and Mezzanine finance available up to £2m.
For more information on Finance for Business please visit www.nwdabusinessfinance.co.uk
If you would like more detail in this area please get in touch with Damien Bové damien.bove@idaconsultants.com
Damien Bové works as a drug development consultant (pharmaceutical or biotechnology) and regulatory consultant, we work with our clients to define a drug development target, define a drug development strategy, define a regulatory strategy or define a commercial strategy. Our clients are generally raising funds or looking to license out their technology and we help them achieve it. If you want to know more don’t hesitate to get in touch.
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Damien Bové is THE Drug Development and Regulatory Consultant (pharmaceutical or biotechnology), I work with my clients to define a drug development target, define a drug development strategy, define a regulatory strategy or define a commercial strategy. Our clients are generally raising funds or looking to license out their technology and we help them achieve it. If you want to know more don’t hesitate to get in touch.
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