The Small Business Service is launching a finance division to promote venture capital use, after budget measures to boost equity finance for small companies. SBS chief executive David Irwin has set a target to raise £1bn by 2004 to aid SMEs. ‘I can announce today that £57m has already been raised from the private sector … to create a total fund to date of £77m,’ he says.

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Remembering Jon Daniel: 1966-2017

We look back on the life and work of the Design Week columnist, independent creative director and social activist “who helped put black participation on the political map”.