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Why has the government set a maximum level of £2 million for each investment in the ECF?

April 26, 2017ECF government Investment level maximum

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Why has the government set a maximum level of £2 million for each investment in the ECF?

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This maximum is required as part of the system to ensure that investments are made in the equity gap. An ECF can invest up to this level and may co-invest with other investors so long as the total amount invested does not exceed the £2 million maximum.