1. Joining up sources of Growth Finance for SMEs: July 2011 Capital for Enterprise Ltd 1 Broadfield Close Broadfield Business Park Sheffield S8 0XN 0114 206 2131 www.capitalforenterprise.gov.uk

2. Capital for Enterprise is an independent asset manager with unique experience in small company finance 1.Capital for Enterprise Limited (“CfEL”) manages a number of equity and debt schemes, which together total more than £3.3bn to SMEs 2.Our independent Board of Directors has extensive knowledge of small company finance 3.CfEL has a wide and fully autonomous operational capability – financial, reporting and regulatory 2

3. CfEL manages a number of equity and debt schemes, which together provide more than £3.3bn to SMEs 3 1 Equity SchemesNatureGovt CommitmentTotal Fund Size Enterprise Capital FundsFund-of funds£181m* (+£200m) £277m* (+>300m) UK Innovation Investment FundFund-of funds£150m£325m** Aspire FundCo-investment£13m>£25m Sub-total£344m£627m Legacy funds:- RVCFs UK High Technology Bridges CDVF Early Growth Funds Capital for Enterprise Fund £196m£555m Total£540m£1,182m *To date, not including ECFs awarded but not operational. ** At first close; the managers expect to increase this by the end of 2010

4. CfEL manages a number of equity and debt schemes, which together total more than £3bn to SMEs (continued) 4 1 Debt SchemesNatureGovt CommitmentScheme Size Enterprise Finance Guarantee* Making additional loans available from the banks by providing guarantees £195m£2,000m SFLG (legacy)£195m£260m (declining) Total£390m£2,260m *This includes the loans drawn down plus additional unused capacity, including the £200m extension announced in the Budget in June 2010.

5. Enhanced Activity Objective Greater Coherence and Consistency of Public Interventions RDA Programmes –Over £900m of funding for SMEs –Legacy and active funds will novate to BIS or SPVs –CfEL will manage BIS interests and advise and/or take [partb in governance of SPVs Wider Role –HMG centre of expertise on SME risk capital –Advising and acting for BIS, Scottish Government, Northern Ireland Assembly, DECC, OCS, DCMS 5 4