Paul Grant, Accountancy Age, Tuesday 25 May 2010 at 09:45:00

Firm to help small companies in the capital raise 64m

Grant Thornton is to play a key role in two new initiatives from London mayor Boris Johnson?s office aimed at raising finance and investment for more than 4,500 SMEs in the capital.

The Gateway2Investment and Gateway2Finance programmes plan to raise at least 64m for small businesses in London while also helping them understand their finance needs and cultivate skills to raise capital. A consortium of private sector companies, led by Grant Thornton will deliver the programmes.

?Programmes such as this are vital to give a much-needed boost to the UK economy by stimulating investment and creating jobs,? said Grant Thornton chief executive Scott Barnes.