ECF boost to the economy and Rosenblatt
In the wake of the Government's announcement in its emergency budget that it will launch a new Enterprise Capital Fund for small businesses that require funding to grow and Mark Prisk's confirmation this week that "The government recognises the importance of high growth innovative companies to the UK economy and the problems they can encounter accessing venture capital...." Rosenblatt are delighted to have been instructed on a new ECF to be backed by £25m of government funds and to launch pre December 2010.