UK - MTI and YFM to manage £9m NWDA fund.
MTI Partners and YFM Group have received a mandate from the Northwest Regional Development Agency to jointly manage a new ТЃ9m capital pool.
The funding is to be used to invest in SMEs located in the North West of England. The mandate is to serve as a prelude to the NWDA's £200m innovation fund allocation.
MTI Partners, a specialist in technology venture investments, and YFM will seek to support innovative start-ups in the area which high growth potentials.
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