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BEF invited to a Meeting at No 10

BEF played their part in the access to finance agenda for the Coalition

Steve Waud the fund director for the Business Enterprise Fund was one of 5 CDFIs invited to a meeting at Number 10 Downing Street to discuss the Access to Finance agenda. The meeting covered issues surrounding the worklessness agenda and the provision of SME finance. Consultation and ideas were sought on how CDFIs can meet the growing gap in the finance provision for SMEs and how the expected increase in public sector unemployment could be overcome from the support of CDFIs.

It was extremely encouraging to be able to discuss the needs of the market and the worklessness agenda and to be so keenly received by the Government. It seems that they are willing to work with CDFIs to meet the challenges of the future and open to suggestions from CDFIs about how that may be done.

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