ACF wins Futurebuilders contract

By Helen Warrell, Third Sector Online, 28 January 2008

Futurebuilders England has lost its bid to deliver the second phase of the Government's Futurebuilders loan fund. Community lender the Adventure Capital Fund has won the tender, the Cabinet Office announced on Monday.

Richard Gutch, chief executive at Futurebuilders, said he was “very shocked and disappointed” that the organisation lost the tender. “My two priorities are to try to do the best I can for staff in trying to support their future and to support investees and applicants,” he said Gutch said that...

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