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Birmingham Post
Birmingham Post
Business
Tamlyn Jones

New £25m investment fund to boost West Midlands SMEs

A new investment fund worth £25 million has been launched to help West Midlands businesses expand.

Called West Midlands Co-Investment Fund, investments will be focussed on SMEs that offer high-growth potential in sectors such as green technology, advanced manufacturing, life sciences and creative and digital.

The West Midlands Combined Authority is putting £12.5 million into the fund, matched by West Midlands Pension Fund which serves 800 employers providing public services in the region.

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