The UK Government’s ‘Patient Capital Review’ may not be your idea of a “good read” but the results of the Consultation are likely to have far reaching consequences for the UK’s entrepreneurial community and how companies can be funded and successfully scale. Leaving aside all of the technical detail, there are some fundamental issues to consider:- It would appear that the European Investment Fund provides about 30% of the capital which is committed to the UK’s Venture Capital Funds. The effects of Brexit are already being felt and this tap is already being turned off. The most important task of...
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