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Europe Daily Bulletin No. 8190

12 April 2002
Contents Publication in full By article 33 / 44
GENERAL NEWS / (eu) eu/state aid
Commission approves venture capital funds for "Community Development Venture Fund"

Brussels, 11/04/2002 (Agence Europe) - On Tuesday, the European Commission approved the British government's proposal to participate in raising 20 million British pounds (UKP) for the "Community Development Venture Fund". This fund was developed to help companies set up in deprived areas in the United Kingdom. To fulfil this objective, it will provide venture capital to company start-ups and SMEs in these areas.

The Community Development Venture Fund (CDVF) is above all, a private...

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