North-East small firms to get £125m loan boost

Hayman, Allister
August 2009
Regeneration & Renewal;8/24/2009, p2
Trade Publication
The article reports on the approval of the British government of the Micro to Medium Enterprises fund in the North-East of England. As a result, small businesses in the area will be able to access European investment loans in 2010. The European Commission and the European Investment Bank have established the fund which will be the first of its kind in the region. The fund allows European Union (EU) states to pay out European structural funding in the form of business loans.


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