The South Yorkshire Pensions Authority has launched two £20 million investment funds to support small and medium-sized enterprises (SMEs) in the region. The funds aim to address funding gaps and drive economic growth.
FW Capital will manage the South Yorkshire Debt Fund, offering loans of up to £2 million for businesses in Barnsley, Sheffield, Doncaster, and Rotherham. The funding can be used for working capital, equipment purchases, recruitment, marketing, and product development.
Foresight Group will oversee the South Yorkshire Growth Equity Fund, which will provide equity investments of up to £2 million. The fund will participate in larger funding rounds, co-investing up to £15 million alongside other Foresight funds.
Both funds are designed to help businesses scale, create high-quality jobs, and stimulate regional innovation.
