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Adventure Capital Fund aims for major expansion

By Helen Warrell, Third Sector, 28 February 2007

Fledgling funding body the Adventure Capital Fund hopes to triple its investment capacity by taking control of the Government's £30m community assets fund.

The charity, which currently has £15m, is in talks with ministers over administering the assets fund, which will provide capital grants to community organisations when it launches in April. Sue Peters, chief executive of the ACF, said the charity aimed to be "a major part of the funding landscape". The...

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