Fund profile Creative England
Creative England has launched a fund to help growing businesses in the £100bn turnover sector. Marc Mullen speaks to its CEO, Caroline Norbury MBE about its history and the future
“The target businesses are post-revenue, IP-rich SMEs that require finance to support further growth. It is not to fund projects,” explains CE’s CEO, Caroline Norbury MBE. “Creative businesses include those involved in film, television, advertising, marketing, music, publishing, design and fashion; companies must be at least two years old, with turnover of no less than £300,000. The aim is to find management teams capable of taking the business to the next level, funded by debt, and not looking to give away large parts of their business too quickly.”
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