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Evening Standard

Business

Simon Hunt

British Business Bank backs £50 million fund for tech start-ups

British Business Bank

Over 80% of the fund’s investors are ethnic minorities, while 18% are women.
(Picture: Concept Ventures)

A £50 million fund has been launched to help get British tech start-ups off the ground.

Launched by venture capital business Concept Ventures, the fund will back at least 60 start-ups in the UK over four years, with investments ranging from £100k up to £600k.

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