JESSICA Fund

The Sheffield City Region JESSICA Fund has started looking for infrastructure and real estate investment opportunities in the Sheffield City Region.

The fund, which has an initial pool of £23 million to invest, made up of European Regional Development Fund’s (ERDF) and Growing Places money, aims to provide capital for projects at competitive commercial rates where funding sources are currently proving difficult to find in the ordinary commercial capital markets. Money from the repayment of these loans will be recycled back into the fund to finance new projects. The fund will commit capital to regeneration opportunities with a focus on office and industrial developments which meet the ERDF’s targets on employment, remediation and floorspace outputs.

For further information on the SCR JESSICA Fund and how to apply, please visit the website at www.scrjessica.co.uk, email fund@scrjessica.co.uk or call William Church on 020 7182 2867