SRP awarded government funding

The regional venture capital firm Sociedad Regional de Promoción del Principado de Asturias (SRP) is set to receive some €10m in funding from the government of Asturias. The firm supports local business initiatives via private equity investment and convertible loans. SRP has a portfolio of over 100 investments in companies including Hidroastur, Hotel Palacio de Ferrera (August 2003, page 11), Tracoinsa Asturias, Asac Comunicaciones and Metalasa.

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