Investment manager Deepbridge provided more than £12m in funding to North West businesses in 2017, according to new figures.
The Chester-based firm said it backed 22 companies in the region last year, with investments focusing on the technology and life sciences sectors through its Enterprise Investment Scheme (EIS) and Seed EIS (SEIS) offers.
Deepbridge said it has forged strategic partnerships with a number of organisations in the North West to broaden its investment spectrum, including Alder Hey Hospital in Liverpool, through which it supports the commercialisation of digital healthcare initiatives, and with science and innovation campus Sci-Tech Daresbury.
Ian Warwick, Deepbridge’s managing partner, said: "The North West of England is a hotbed of technology and life science innovation.
"It is therefore no surprise that Deepbridge has been able to support a number of companies in the region to find the funding they require to grow, create jobs and develop unique innovations which can be exported globally.”
Deepbridge currently operates four EIS/SEIS propositions; Deepbridge Technology Growth EIS, Deepbridge Life Sciences EIS, Deepbridge Life Sciences SEIS and the newly launched Deepbridge Innovation SEIS, which provides technology-focused companies with seed-stage funding.
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