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Top story
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Businesses embrace fund as applications hit 300
AXM Venture Capital has already received more than 70 applications to the new £15m digital and creative portion of the £185m North West Fund, which is set to be officially launched in Liverpool this morning. David Smith, investment director at AXM, told Insider the applicants have all been of a high quality and the first investments should be made within the next month. The news comes as Northwest Business Finance, set up to administer the fund, said the total number of applications across the six funds has hit 300.
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Deals
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Tactical Solutions sold to St Ives
Print group St Ives has bought a 90 per cent share in field sales and marketing company Tactical Solutions UK in a deal worth more than £13m. Tactical Solutions employs about 320 staff and is headquartered on the Deeside Industrial Estate near Chester.
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Business
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Balance needed for doomed RDA disposals - BIS
The assets of scrapped regional development agencies must be disposed of in a manner which balances benefit to the local area with achieving best value for the public purse. That's according to the Department for Business, Innovation and Skills.
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Gray to leave Peel Media
Peel Media’s executive chairman Bryan Gray has announced plans to stand down after two years in the job. Gray, a former chairman of the Northwest Regional Development Agency, joined the company in December 2008.
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Rental growth up at Assura
Warrington-headquartered Assura Group, which last month made a £28m offer to buy AH Medical Properties, has revealed that revenues for the nine months to 31 December 2010 grew 9.9 per cent to £45.8m.
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Something for the weekend
This week: Picture of the week; Everton cook up a storm; and songs of love.
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Next generation internet – your opinion counts
As part of Insider’s ongoing commitment to the technology, media and telecoms sectors in the region we’ll be running a review on next generation internet connectivity in the March issue of North West Business Insider.
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Gain new business contacts…
Insider’s North West Top 500 2011 database is our accurate and comprehensive business marketing list, providing you with the strongest contacts for the region’s biggest companies. Order now and receive a 30 per cent discount or request a free sample now (offer expires 30 June).
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Property
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Businesses set for £8m Colwyn Bay scheme
Two Liverpool-headquartered companies have won a contract to work on the £8m Colwyn Bay promenade project. Curtins Consulting, the civil engineer, will provide civil and structural engineering services alongside fellow Liverpool company K2 Architects.
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Park buys Birkenhead site
Wirral-based gift voucher and Christmas savings business Park Group has bought the freehold on the site of its Birkenhead head office for £4.75m plus VAT. It will also pay £228,000 in stamp duty.
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Hewitts lets Southport space and moves online
Furniture retailer Hewitts of Southport has leased 3,000 sq ft of space to Tesco after the company decided to move its business online.
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Community
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Dealmakers Wrap: 2011 – the year of creativity
Norman Molyneux of Acceleris believes the financial pressures facing small businesses will lead to a more streamlined set of owners seeking funding, and ultimately a new, creative approach to dealmaking.
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Tague on Tour: Room for a small one?
With recent figures showing a drop in revenue for hotels, Neil Tague wonders whether the Liverpool leisure market still has room to grow.
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Boost your client base – Request a free Insider Membership Pack
 Our Insider Membership Club offers fantastic benefits for anyone doing business in the UK regions. Valuable sales leads, vital information, networking opportunities, competitor analysis and much, much more. We give you what you cannot afford not to know. Request your free Membership pack now.
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