£102m Venture Fund In Edinburgh For Life Science Firms

Epidarex Capital, the US-based international finance firm, has launched a £102m fund in Edinburgh for investment into the emerging life sciences sector. According to The Scotsman, the UK Government has committed £50m through the British Business Bank, with the rest coming from the Universities of Edinburgh, Manchester, Glasgow and Aberdeen, Strathclyde Pension Fund and several global investors. It says it …

£1.25 Billion Coronavirus Package To Protect Firms Driving Innovation

Rishi Sunak, chancellor of the Exchequer, has announced a £1.25 billion coronavirus package to help UK firms driving innovation, including a £500 million investment fund for high-growth businesses affected by the pandemic. In addition, there will be £750 million of targeted support for small to medium-sized enterprises (SMEs) that are focusing on research and development. The aim of this targeted …