As part of its 2011 Budget submission, the British Venture Capital Association (BVCA) is urging the government to nominate a venture tsar to attract more private sector investors into private VC funds.
This is needed to send a clear message about the government’s commitment to economic growth, and to ensure that the UK remains the centre of entrepreneurship in Europe, says BVCA chief executive Simon Walker.
“As Budget day approaches, the one thing we can all agree on is the need to restore strong sustainable growth to the UK economy,” he says. “Private equity and venture capital can help bring this about by investing in new businesses and growing existing ones.”
To read the full, original article click on this link: Budget 2011: Do we need a venture tsar? - Finance :: Real Business - News & advice for business people
Author: Jason Hesse
