UK Steel Enterprise
Type
Size
Area
Target
Availability
Equity and Loan
£15,000 to £400,000
Teesside, Hartlepool, Derwentside
SMEs - start-up or expansion (some restrictions based on activity)
On-Going
What type of funding does it offer?
Loans, ordinary or redeemable preference shares or a combination, i.e. mezzanine finance. Share capital is normally limited to no more than 25% of the businesses equity.
Size of Deals
The size of investments will range between £15,000 and £400,000.
In which area is the fund available?
Teesside, Hartlepool and Derwentside. Traditional steel areas.
Who can apply?
Small and Medium-sized Enterprises (SMEs) – start-ups or expansions.
Where can I get more information?
Nick Johnson or Simon Hamilton
UK Steel Enterprise
The Innovation Centre
Vienna Court
Kirkleatham Business Centre
Redcar
TS10 5SH
Tel: 01642 777 888
Fax: 01642 777 999
E-Mail: north@uksteelenterprise.co.uk
Web: www.uksteelenterprise.co.uk
Supporting Documents and Downloads
UK Steel Enterprise [pdf]
(28 KB)
