All RDAs across England are closing by March 2012
(see transition and closure section).
With our resources reducing steadily, this page has not been recently updated and the information below may not be current.
If in doubt, please contact us directly.
Finance for business
Outside the
South West Loans Fund (small loans) there are other
potential sources of finance for your business:
Enterprise Capital Funds
There are a number of equity funds available through this route
for funding to a maximum of £2 million. These are available if you
are seeking early or development stage equity funding.
View availability of Enterprise Capital Funds through www.capitalforenterprise.gov.uk.
The South West Angel and Investor Network (SWAIN)
This service connects private investors, or business angels,
with businesses in the region looking for equity finance.
SWAIN can be contacted through www.swain.org.uk.
South West Cleantech Co-investment Fund
This is an co-investment fund providing businesses within the
Cleantech sector, which are receiving fresh equity finance from
experienced new 'keystone' investors, with a potential source of
additional mezzanine loan funding of between £50,00 and £100,000.
For details of eligible business types and how the fund operates
contact either www.businesslink.gov.uk/southwest
or www.swain.org.uk/CleanTech.aspx.
The South West Loans Fund
The fund can also provide larger loans of £50-£250,000 to
eligible businesses with viable business plans that have been
unable to raise finance from traditional sources. The fund is
available by contacting Business Link who will take you through the
first stage of the application process.
The Business Link service can also help connect you with the
other finance sources, call
0845 600 9966 or visit www.businesslink.gov.uk/southwest.