Foresight Nottingham Fund
The £39 million Foresight Nottingham Fund is a dedicated regional growth fund, investing between £100,000 and £2 million into eligible businesses.
The Fund was created to support small and medium-sized companies in Nottingham and Nottinghamshire. Through investment, the Fund sought to stimulate enterprise, create jobs and attract inward investment to the region.
Foresight was selected as the Fund Manager to manage and invest on behalf of the key investors. These included Capital for Enterprise, Nottingham City Council Pension Fund and Nottinghamshire County Council Pension Fund.
The Fund was in part backed by the British Business Bank, which aims to make finance markets work better for smaller businesses in the UK. The British Business Bank is 100% Government owned, but independently managed.