Capital For Enterprise
As of 1 April 2008, responsibility for the management of ECFs along with BIS’s other equity funds and the Small Firms Loan Guarantee (SFLG) was transferred to a new body, Capital for Enterprise Limited (CfEL). This change did not change the nature of the funds or their policy objectives.
CfEL was incorporated in March 2007 as a private limited company wholly owned by BIS, and commenced actively trading in April 2008. It is an asset management business specialising in designing and managing support programmes for SME finance. Its position in the SME finance markets provides it with a unique ability to inform and implement Government policy on those markets.
Read more about this topic: Enterprise Capital Fund
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