Published: April 22, 2019
Government would become a shareholder in up to 50 small businesses a year in scheme also backed by major banks
The Coalition will announce on Tuesday a $100m equity fund for small business that will see the government become a passive shareholder in up to 50 businesses a year.
The fund, which is modelled on the UK’s Business Growth Fund, is aimed at pumping in “patient” equity into businesses that are identified as having significant growth potential.
Continue reading...from The Guardian http://bit.ly/2IB888N
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