Costs
NEEMF charges a 3% Arrangement Fee calculated against the sum of the NEEMF investment which is restricted to a maximum fee of £2,000 and a minimum fee of £1,000.
This fee is payable by the applicant at 50% on acceptance of terms and 50% on completion, all subject to VAT.
Additionally, an Annual Monitoring Fee, calculated at 1.5% of the investment amount (minimum £500) is payable annually in advance by investee companies.
All legal costs associated with the transaction will be borne by the applicant but they will commensurate with investments of this size.