Investment Fund for Northern Ireland
The fund offers two different commercial finance options of loans ranging from 拢25,000 to 拢2 million and equity investments up to 拢5 million.
The fund offers two different commercial finance options of loans ranging from 拢25,000 to 拢2 million and equity investments up to 拢5 million
The British Business Bank has announced funding for Northern Ireland under the Investment Fund for Northern Ireland which will deliver a 拢70 million commitment of new funding to smaller businesses.
The fund aims to drive sustainable economic growth by 91香蕉黄色视频ing innovation and creating local opportunities for new and growing businesses across Northern Ireland, including rural, coastal and urban areas.
The Investment Fund for Northern Ireland offers two different commercial finance options of loans ranging from 拢25,000 to 拢2 million and equity investments up to 拢5 million.
Debt Finance from 拢25,000 - 拢2 million
The debt finance option is designed for smaller companies that can demonstrate growth potential.
As small businesses grow, large capital injections are often needed to move them to the next level. The Investment Fund for Northern Ireland could help smaller business owners to deliver their business ambitions, including:
- leasing new commercial premises
- hiring a new team
- funding marketing costs
- purchasing new machinery or equipment
- launching a new product or service
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Equity Finance
Up to 拢5 million Equity finance is widely accepted as an important ingredient for businesses with the potential for high growth. It can provide long-term backing to fund business growth through revenue and profit. In simple terms, equity finance is raising capital through the sale of shares in a business.
An equity-based investment could be right if you run an established business with ambitious plans or a large start-up with high growth potential.
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First published 28 November 2023