The cleantech fund has been established by South West Investment Group (Capital) Ltd with operational support from South West Angel and Investor Network (SWAIN) and Regen SW.

The cleantech fund will provide funding of between £50,000 and £100,000, alongside new equity investments, in cleantech businesses based in the region.

SWIG Capital will administer the cleantech fund and ensure that the legal and commercial obligations are met by the company.