About Us

Ascendant Ventures is a trading name of Finance Cornwall Fund Mangers Limited, an investment company authorized and regulated by the Financial Services Authority under reference number 409409.  Finance Cornwall Fund Managers Limited is a company registered in England and Wales under number 5010380 at 14 High Cross, Truro, Cornwall TR1 2AJ.   Ascendant Ventures is a member firm of the British Venture Capital Association.

Ascendant Ventures is operated and run by a team of dedicated investment professionals living and working in South West England and with long experience in structuring finance solutions for small- and medium-sized enterprises for many years.  The company prides itself on its service level and ensures its clients receive an efficient, reliable and professional service while ensuring that the financial solutions provided to businesses are appropriate for their needs and circumstances.

Ascendant Ventures is the fund manager of the following funds:

Finance for Business, part of the South West Loans Fund – £12 million
Providing growing small- and medium-sized enterprises throughout South West England loan finance of between £50,000 and £250,000.  The South West Loans Fund is funded by South West RDA and by the European Regional Development Fund through the Convergence Programme for Cornwall and the Isles of Scilly and the Competitiveness and Employment Programme for South West England.

Finance Cornwall - £18 million
Providing structured finance solutions to small- and medium-sized enterprises in Cornwall and Isles of Scilly as part of the Objective One Programme as a combination of small loans, mezzanine loans and equity finance.  Finance Cornwall is currently closed for new applications.  The fund invested £18 million in 135 businesses and leveraged a further £39 million into the local economy of Cornwall and the Isles of Scilly between 2002 and 2008.  The fund safeguarded over 2,000 jobs and created over 500 more.  Finance Cornwall was funded by the European Regional Development Fund, Barclays Bank PLC and Cornwall Council.

Finance South West - £15 million
Providing structured finance solutions to small- and medium-sized enterprises in South West England as part of the Objective Two Programme as a combination of small loans, mezzanine loans and equity finance.  Finance South West is currently closed for new applications.  The fund invested £15 million in 107 businesses and leveraged a further £30 million into the South West economy.  The fund safeguarded over 600 jobs and created over 250 more.  Finance South West was funded by  by the European Regional Development Fund and Barclays Bank PLC.