Washington, DC (May 23, 2006) – A new joint venture partnership, NVG/FOCUS, the brainchild of New Vantage Group, LLC (NVG) of Vienna, VA and FOCUS Enterprises, Inc. (FOCUS) of Washington, DC is part of a winning group, Seraphim Capital, which has been awarded one of five slots in the UK Enterprise Capital Fund (ECF) initiative. The initiative, a public/private partnership, is designed to fill an “equity funding gap” in which UK firms that are up and running but have not yet achieved profitability find it difficult to obtain growth capital. NVG/FOCUS is the only US partner in the country-wide program initiated by the UK Treasury and developed by the Department of Trade and Industry (DTI).
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