Criteria
Companies must meet the following criteria:
- Located within the West Midlands or moving there shortly after investment.
- Be a micro, small or medium sized enterprise.
- Raising no more than £500,000 in this round
- Have high growth potential, capable of returning a significant multiple of the fund's investment in 3 to 7 years either by trade sale or flotation
- Raising private sector co-investment
- Not operating in certain sectors excluded by European State Aid restrictions
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