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New Investment Manager Joins Liverpool Seed Fund

2nd August 2006

A new Investment Manager has been appointed to Merseyside Special Investment Fund’s Liverpool Seed Fund.

Rajesh Sharma, 31, joins the £27m Liverpool Seed Fund from the Royal and Sun Alliance, where he worked as their Marine Revenue Accountant.

His previous roles include financial accountant at United Utilities and Finance Manager at Internal Window Systems Ltd.

Educated at Liverpool John Moores University, where he achieved a BA Hons in Accountancy and Finance, he is also a member of the Institute of Chartered Accountants. Rajesh said: “I am delighted to be joining the Liverpool Seed Fund - it plays a crucial role in harnessing the potential of ideas, technology and innovations. I look forward to working with some inspiring people to help play a part in turning these ideas into viable, sustainable businesses.”

Darren Gowling, Investment Director for the Liverpool Seed Fund, says: “The team is very busy at the moment with a lot of interesting applications under consideration. We are extremely pleased to welcome Rajesh to our team. He has a proven track record in finance and business and will be a great asset to the Seed Fund.” The Liverpool Seed Fund is designed to support new and early stage, knowledge based businesses based in or relocating to Merseyside. It can support three stages of development: proof of concept, commercialisation and early stage development capital.

Entrepreneurs and companies supported by the Fund also benefit from specialist management support services. Liverpool Ventures provides specialist management support services to businesses backed by The Liverpool Seed Fund and also provides assistance with applications to the Fund.

The Liverpool Seed Fund is one of four MSIF funds and contains European monies alongside investment from the Co-operative and Barclays Banks.

Rajesh lives in Wallasey and in his spare time enjoys keeping fit.

Ends

For further information contact Angela White at Merseyside Special Investment Fund on 0151 236 4040

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msif funds

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liverpool seed fund

The Liverpool Seed Fund provides equity-based investments from £50,000 - £750,000 to early stage businesses with IP

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small firms fund

The Small Firms Fund provides loans (not grants) of between £3000 and £150,000

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mezzanine fund

The Mezzanine Fund provides loans between £150,000 and £1m

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venture fund

The Venture Fund provides equity investments of up to £3m