Richardson Enterprise Fund offers capital to boost growth
Richardson is a family-run trading and investment business that was founded in Oldbury over 70 years ago. In April 2021, it launched the Richardson Enterprise Fund, with the aim of investing in ambitious West Midlands businesses and boosting the region’s post-pandemic economic recovery.
Richardson recently hosted a Business Leaders Investment Breakfast to discuss business investment and share details of the fund with attendees, including Sandwell Council’s leader Councillor Rajbir Singh and its director of regeneration and growth Tony McGovern.
Offering individual investments of between £2m and £10m, the West Midlands-targeted programme is aimed at established businesses in all sectors requiring capital for growth. It will offer a flexible approach, structuring each investment in a way that best suits the economic interests of all parties.
The initiative will be spearheaded by Paul Faulkner, the newly-appointed chief of staff and operations at Richardson and former CEO of Greater Birmingham Chambers of Commerce, supported by an experienced team of in-house investment professionals.
To find out more about the fund or to arrange a conversation, visit the website, email paul.faulkner@rclpartners.co.uk or call 07525 225 144. To find out how Think Sandwell can help boost your business, visit our Growing Your Business page.