The JEREMIE Funds operate in the North of England. The fund management companies receive and invest large volumes of European Regional Development Funds (ERDF) targeted at SME finance, as well as finance from central government and the European Investment Bank (EIB).
ERDF funding is targeted at areas considered most in need of economic development by the European Commission (EC).
The British Business Bank has oversight of the funds on behalf of the UK Government to help them meet their objectives.
The funds are managed by private sector companies which provide equity and loans to SMEs based in their respective regions.
If you are a business looking for equity investment, please note that the British Business Bank does not get involved in selecting which companies receive investment.
If you are looking for equity funding, you will need to approach the funds’ managers directly.
You should make sure you are ready to apply successfully, and may wish to take independent advice or consider whether the Growth Accelerator Programme could help.
visit the Growth Accelerator website
There is a useful tool for finding the right funding for your business at the British Bankers Association Business Finance for You website.
visit Business Finance for You
If you are interested in applying to one of the funds supported by the British Business Bank, you should contact the manager directly.
Our fund listing page gives an indication of which of the funds the British Business Bank invests in support your type of company or sector.
Funds that the British Business Bank invests in