YFM to manage the South-West Ventur

YFM Venture Finance, part of the YFM Group, will manage a new £25m fund set up to enable small- and medium-sized enterprises based in the South-West region to access up to £500,000 of equity capital. Investors in the South West Ventures Fund include the DTI and European Investment Fund, while Peter Davies will coordinate the fund's operations as investment director.

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• UK / Ireland