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Welcome to the Basingstoke and Deane partner page

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Basingstoke and Deane has been an economically successful borough in recent years. The borough is a centre of regional importance for employment, housing and culture, all of which must be encouraged as essential components of economic prosperity. This is well summarised in the following extract.

"The Basingstoke diamond may be small but its significance to the South East and UK is disproportionate to its size. The diamond is consistently among the top performers in terms of competitive performance, with high rates of productivity and employment and average weekly earnings.” (Experian Report for SEEDA 2006).

The borough’s position as an economic powerhouse in the region and a diamond for investment and growth is reflected in its global attractiveness as home to many international and large UK companies.

BCDBC Exporting Good Practice: 3en Venture Capital Fund

The good practice concerns the only local authority venture capital fund in the UK, the only venture capital fund set up in a local authority through developer contribution, as far as we are aware the only local authority VC fund in Europe. The objective of this fund is economic sustainability, to create wealth and generate employment. Focusing investment in companies that have a sound structure, IPR shares, to make certain the business has intrinsic value.

The 3EN’s target sectors include software, IT and IT services, telecoms, new media, electronics, and other technology sectors with similar cash-flow characteristics. is on companies with Intellectual Property Rights (IPR) relevant to software development:

  • companies that write software, or
  • companies that act as value added reseller (customise existing software)

The focus of the GP is on high growth oriented companies, with an existing/potential turnover of £300,000 to £500,000. Company should have a complete management team and service at least 3 or 4 customers.

Basingstoke logo

Contact Information:

Name: Eduardo Hernández

email: eduardo.hernandez@basingstoke.gov.uk