Sheffield City investment fund completes first cycle

By Frances Ivens2019-02-19T11:05:00

The SCR Jessica Fund has completed its first cycle of investment and is reinvesting £25.5m into the Sheffield City region.

Initially launched in 2013 with £22m of capital from the European Regional Development Fund and Growing Places and then benefiting from significant capital investment by the Sheffield City Region, Jessica aims to provide capital for projects at competitive commercial lending rates where ‘traditional’ funding sources are proving difficult.

This content is only available to registered users

You must be logged in to continue

Would you like to read more?

Register for free to finish this article.

Four FREE articles of your choice per month
Breaking news, comment and analysis from industry experts as it happens
Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue