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Prime Minister Gordon Brown recently announced plans to target small businesses and start-ups in the technology sector, by investing £150m in the digital, life sciences, clean technology and advanced manufacturing areas.

"This fund will help build Britain's future by investing in key sectors," said Gordon Brown. "It will provide crucial support for our most promising start-ups and existing small companies when they need it most."

The initial investment is said to be matched by the private sector, which could lead to enough investment to build a £1bn fund over the next ten years.

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Published by Marie on Thursday, 02 July 2009 at 4:40 PM