1. Finance Yorkshire www.finance-yorkshire.com

2. Finance Yorkshire Background www.finance-yorkshire.com Commercial fund providing funding to SMEs based in Yorkshire and the Humber Builds on the previous SYIF and PIF Funds Can also support inward investors to the region £90m to invest over the next 4 years Funding is available for viable situations where there is a gap in the projects funding requirement Does not compete with the funds available from the commercial marketplace

3. Finance Yorkshire £90m investment capital £30m European Regional Development Fund £15m Yorkshire Forward – Capital £45m European Investment Bank £10m Yorkshire Forward – Revenue www.finance-yorkshire.com

4. Finance Yorkshire The approach Working alongside the commercial market; Maintaining and developing relationships with financial intermediaries to promote awareness and dealflow Market making effect, making deals happen by spreading the risk with other investors and lenders Co-investing with other funds www.finance-yorkshire.com

5. Finance Yorkshire Applications and Investments 483 progressed to application stage 130 investments totalling £12.5 million www.finance-yorkshire.com

6. Finance Yorkshire Three portfolios Seedcorn Finance (up to £780k) £15m Business Loans (£15k – 150k) £27m Equity Linked Finance (£100k - £2m) £48m www.finance-yorkshire.com

7. Finance Yorkshire Sustainability and legacy www.finance-yorkshire.com Legacy fund to be invested in region ’ s businesses in line with original objectives To be utilised after 2019 Eventually aggregated with PIF and SYIF legacies

8. Finance Yorkshire C ustomers SME’s paying business rates in Yorkshire and the Humber or relocating to the region A new start or growing business A business with growth potential A business unable to source its full funding requirement from the commercial market www.finance-yorkshire.com

9. Seedcorn Finance www.finance-yorkshire.com

10. Seedcorn Finance Investment type www.finance-yorkshire.com Starting low £15-£100k sometimes Investments up to £780k Investments of £2m+ when syndicating with other funds Fast (4 yr fund) – Self sustainable companies in 2-3 yrs – Exit in 3-5 yrs

11. Seedcorn Finance Target investments www.finance-yorkshire.com Pre-revenue or early-revenue “Huge” market opportunity Competitor barriers at exit – Patents, Data lock-in, Approvals etc. Management open to “change and growth”

12. Business Loans www.finance-yorkshire.com

13. Business Loans Products www.finance-yorkshire.com Fixed rate loans between £15,000 - £150,000 Terms up to 5 years Interest rate rebates available Financial packaging with other forms of debt finance including the Enterprise Finance Guarantee

14. Business Loans Types of deals www.finance-yorkshire.com Financial Gaps Working Capital Innovation Project with rapid growth Asset Based Lending (property and fixed assets) Import and Export

15. Equity Linked Finance www.finance-yorkshire.com

16. Equity Linked Finance Objectives www.finance-yorkshire.com Some start ups, largely growth, development capital or expansion £100k - £1m in equity and mezzanine instruments Joint equity linked packages up to £2m Eligibility Value growth and exit planning (within 5 years)

17. Equity Linked Finance Our approach www.finance-yorkshire.com Business plan – full commercial assessment Approach – pre- rigorous, post- supportive Objectives – quality deals, generating legacy returns

18. Finance Yorkshire Making an Application www.finance-yorkshire.com Call us to make sure it’s eligible 0845 649 0000 or make enquiry via website www.finance-yorkshire.comwww.finance-yorkshire.com Get the applicant to complete the Application Form (download from www.finance-yorkshire.com)www.finance-yorkshire.com Send the completed Application Form & the supporting information to Finance Yorkshire

19. Finance Yorkshire www.finance-yorkshire.com Finance Yorkshire Ltd is a company limited by guarantee (Registered No 07075478). Finance Yorkshire Ltd (0845 649 0000) comprises three sub funds, Finance Yorkshire Equity Fund, which is managed by NorthStar Equity Investors Ltd and NEL Fund Managers Ltd, Finance Yorkshire Small Loans Fund, which is managed by Finance South Yorkshire Ltd and Finance Yorkshire Seedcorn Fund, which is managed by Enterprise Ventures Limited. Each of these Fund Managers is authorised and regulated by the Financial Services Authority.