Capital for Enterprise

Capital for Enterprise (CfEL)
Company typeState-owned enterprise
IndustryFinancial services
FoundedApril 1, 2008 (2008-04-01)
FounderBritish government
Defunct2012 (2012)
FateRestructured
SuccessorBritish Business Bank
Headquarters,
Area served
United Kingdom
ProductsVenture capital, loan guarantees, and business advice
OwnerDepartment for Business, Innovation and Skills
Websitewww.capitalforenterprise.gov.uk [dead link]

Capital for Enterprise Limited (CfEL) was a limited company in the United Kingdom owned by the Department for Business, Innovation and Skills (BIS). CfEL was responsible for managing BIS's financial schemes, such as venture capital funds and loan guarantees, aimed at helping small and medium enterprises (SMEs).

It invested over £1.8 billion from its formation and alongside private capital provided £6.5 billion in credit for SMEs.[1] It ceased operating independently on 1 October 2013 and became part of the British Business Bank.[2]

  1. ^ "About Us". Capital for Enterprise. Archived from the original on 2013-05-21. Retrieved 2013-05-22.
  2. ^ "Capital for Enterprise Limited". British Business Bank. Archived from the original on 2014-02-21.

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