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Angel CoFund - Announced by George Osborne 29 November 2011
The Co Investment Programme - started December 2011
Regional Growth Fund administered by the Dept for Business, Innovation
& Skills (BIS
)
Bid led by Capital for Enterprise (CfE), government owned, administered
by BIS
CfEL is the largest single investor in UK early-stage venture capital
and manages investments of more than £550m in around 40 venture funds
Credible bid partners alongside OION Ltd: Braveheart Investment Group
plc, Hotspur Capital Partners Ltd, Octopus Investments Ltd, , Venrex Investment
Management LLP
Proposed £50m allocated over 3 years, expended over 10 with returns re-invested
£1 government funds matched to £2+ angel funds
For further information on how investors can apply please contact us direct:
contact@oion.co.uk.
