South West Investment Group (Capital) Ltd wishes to appoint a Fund Manager or Fund Managers for the South West Microcredit Fund in Bristol, Plymouth and Torbay, which has been partly provided through the resources of the South West RDA and the ERDF Operational Programme for the South West Competitiveness and Employment area.
The South West Microcredit Fund is comprised of 3 loan schemes for Bristol, Plymouth and Torbay. Each fund will be able to lend up to 5 000 GBP to businesses in the Unitary Authority Areas specified in the period up to 31.12.2015. It is planned that in each of the Bristol and Plymouth areas, a total investment of 660 000 GBP will be made into 220 businesses and in Torbay a total investment of 660 000 GBP into 165 businesses. Realisation of the investments will continue until 31.12.2018.