BVCA - the voice of long-term investment

Strategic Investment Fund and high growth businesses in the downturn

BVCA call on Government to use strategic investment fund to support the UK's venture capital industry.


As reported in today's Financial Times: http://www.ft.com/cms/s/0/24e6cb38-44d6-11de-82d6-00144feabdc0.html (May 20th) in an open letter to Lord Mandelson, the BVCA and other high-profile trade associations have called on the Government to use a new £750m strategic investment fund to support the UK's venture capital industry.

The full text of the letter signed by the BVCA, BioIndustry Association, Intellect, London Chamber of Commerce and Industry, NESTA, British In Vitro Diagnostics Association (BIVDA), Association of British Healthcare Industries (ABHI) and The Association of the British Pharmaceutical Industry (ABPI)can be viewed here.