We went down to London to see our Investment Adviser at the Social Investment Business in June. There was a great nervousness in the organisation, as the new coalition Government had already announced that Futurebuilders, one of the 4 main funds it manages, had been closed. They had no idea whether the Government would continue with the Social Enterprise Investment Fund (SEIF) the specific fund for the healthcare sector, they were waiting for the 5th of July.
Now they know that the fund won't be closed, but they don't know the size of the allocation. It looks like Deep Green will probably still get the money it needs for the preparatory work; planning consent, surveys and preparation of a detailed Business Plan. Fingers crossed.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment