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09/05/2022- £1m boost for Liverpool City Region Angel Network
A £1m funding boost for SME’s across the Liverpool City Region has been announced by Metro Mayor, Steve Rotheram.
Liverpool City Region Combined Authority has pledged £500,000, matched by equal funding from not-for-profit funder Merseyside Special Investment Fund (MSIF) for the LCR Angel Network in a bid to encourage small business growth and create jobs.
Up until now, the network had been funded by MSIF.
The aim is for it to contribute to the city region’s ambition to invest five per cent of its economy on Research and Development (R&D) by 2030 – nearly double the Government’s UK target – making it easier for high growth technology and research and innovation businesses to access early stage funding.
Source: The Business Desk