Devon Businesses, please contact Andrew Lightfoot - Telephone 07442 01158 Email: email@example.com
Somerset Businesses, please contact Andrea Pyle - Telephone 01823 444924
The South West Investment Group has been invited to lead on establishing this Network, building on the evolving Devon Business Finance Partnership.
The main aims of the Network are:
> Awareness: opportunities will be provided for businesses and business support bodies to learn more about the features of the various sources of finance, how to apply and the implications for future servicing;
> Understanding: more structured learning opportunities will be offered and vigorously promoted to improve the level of financial literacy amongst SME owners and managers and those who advise them.
> Information: through the digital exchange service, the principal sources of business finance will be listed, with web links. An ‘investment escalator’ will be an on line tool to help businesses identify what are likely to be the most relevant sources of finance to their scale, type and stage of development.
> Co-operation: sharing of intelligence and joint working will be encouraged both within and between the sources of finance and business support bodies.
> Development: flowing from the above and associated work to accumulate further evidence of demand, steps will be taken to increase relevant sources of business finance. Immediate priorities relate to equity and the social investment market.