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Finance Yorkshire welcomes two new faces to the organisation

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Finance Yorkshire has welcomed two new faces to the organisation.

Stephen Cardwell joins as Portfolio Manager for the Equity Linked Finance team, while John Ellis is the new Portfolio Executive for the Business Loans team.

Stephen brings to the role over a decade’s experience of working in SME (small and medium enterprises) finance, primarily as an investment professional working within high-tech venture capital.

He previously worked for venture capital firm Vertex Management Ltd, part of Temasek Holdings in Singapore, where he invested and ran part of the firm’s European fund. He has also worked for the London Technology Fund and most recently ran a consultancy firm raising capital for SMEs.

His new role at Finance Yorkshire involves portfolio managing the Equity Linked Fund’s current investments.

John Ellis from Huddersfield joins Finance Yorkshire after many years at Yorkshire Bank, where he most recently held the position of Small Business Manager.

His new position as Portfolio Executive for the Business Loans team will see him maintaining relationships with existing connections and investigating possible future investment opportunities.

Finance Yorkshire provides seedcorn, loan and equity linked investments, ranging from £15,000 to £2m to help a range of small and medium sized businesses to meet their funding requirements for growth and development.

The project is supported financially by the European Union. It has attracted £30million investment from the European Regional Development Fund (ERDF) as part of Europe’s support for the region’s economic development through the Yorkshire and Humber ERDF Programme, £15million from Yorkshire Forward’s Single Programme, and £45million match funding from the European Investment Bank.

For more information about Finance Yorkshire, please visit www.finance-yorkshire.com  or ring 0845 649 0000.

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John Ellis (left) and Stephen Cardwell

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