The Co-Investment Fund (Co-Fund NI) created by Invest Northern Ireland and managed by Clarendon Fund Managers has received an extra £5.3m, increasing its funding from £7.2m to £12.5m. The additional funding provided by Invest Northern Ireland is part financed…
Start Up Loan Fund backs Cryospa to reach £1m
Enterprise NI’s Start Up Loan fund has passed the £1m mark after providing a loan to a specialists sports injury company based in Jordanstown. Jordanstown…
Year end sees busiest quarter for Growth Loan Fund
The last quarter has seen the busiest period of lending for the Growth Loan Fund with 12 loans totalling over £6m approved. Finance for the £50m Growth…
NI Small Business Loan Fund reaches £2.5m mark
The £5m Northern Ireland Small Business Loan Fund (the Fund) has distributed £2.5m in loans in less than two years to businesses across Northern Ireland. The Fund is managed by Ulster Community Investment plc (UCI) on behalf of Invest Northern Ireland and…
Growth Loan Fund celebrates two successful years
WhiteRock Capital Partners is today marking the second anniversary of the £50m Growth Loan Fund in Northern Ireland. Since setting up in 2012 the investment managers have approved over 80 loans worth over £25m, with an average loan amount of £300,000. They…
Basketball Direct shoot for export markets
Basketball Direct located in Co Londonderry has received support from the Northern Ireland Small Business Loan Fund (the Fund) which they say will help finance working capital requirements and enable them to break into new export markets. The Fund is managed…
Boost for local property market
The Northern Ireland property market is to get a boost with the launch of a locally-based bespoke bridging finance fund. The first of its kind in Northern Ireland, the Lanyon Capital Bridging Finance Fund will help to stimulate the property market by providing…
Manure Efficiency Technology Scheme to re-open
Agriculture Minister O’Neill has announced that the Manure Efficiency Technology Scheme (METS) will re-open on Monday 31 March 2014. METS, a capital grant scheme delivered under the Rural Development Programme 2007-2013, provides financial support for specialised…
