The £20m Revolving Investment Fund (RIF) has been established to address market failures in the provision of commercial loan finance.
Its aim is to catalyse investment, accelerate economic growth and drive job creation in the Leeds City Region. In particular, the RIF creates an avenue for developers and business to work together with the public sector to drive investment in commercially viable projects, where conventional sources of finance are insufficient and/or unavailable.
The RIF makes investments (minimum of £1m) on commercial terms and compliant with State Aid restrictions, to meet the gaps where private finance cannot be obtained. It does not provide grant funding.
Contact us on 0113 3785930 or email Investmentfund@leeds.gov.uk to discuss your requirements.