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GCV supports £57.5m fund to help businesses across the North
North East fintech firm Growth Capital Ventures is set to help high growth businesses access capital to grow from a £57.5m investment fund.
Growth Capital Ventures (GVC) recently secured a £1.1m investment from funds managed by Maven Capital Partners, one of the UK’s leading private equity firms, which has helped its workforce expand capacity.
Working with entrepreneurs and innovators to build and launch businesses that transform industries, GCV utilises their multidisciplinary skill-set to help businesses scale fast.
In addition to this support, the County Durham based fintech firm also helps start-ups raise between £150,000 and £5m to support growth and expansion.
GCV has a growing private network of professional and institutional investors that are keen to co-invest through its online investor platform and back the next generation of high growth UK businesses.
The firm partnered with Maven to bid for a series of Fund Mandates and Maven were appointed to manage the £57.5m Maven NPIF Equity Finance Fund, which provides equity finance to high growth businesses primarily across Lancashire, Greater Manchester, Liverpool, Cumbria and Cheshire.
It can also support ambitious SMEs based in Yorkshire and Humber and Tees Valley.