UK - Bridges Community Ventures invests in Whelan Refining Ltd

Bridges Community Ventures has invested ТЃ450,000 as part of a total finance package of ТЃ1.5m with Catapult Venture Managers and HSBC in Whelan Refining Ltd, a re-refiner of waste oil based in Stoke-on-Trent. The company has also received financial backing from local and national regeneration initiatives, including The North Staffordshire Risk Capital Fund, The Michelin Fund and Advantage West Midlands. Antony Ross, director at Bridges Community Ventures, will join the company's board.