TWO companies have now signed agreements for $2 million of funding from Venture Capital Equity Fund Limited (VCEFL).

The Quiet Rivers Corporation, a hardwood floor and moulding producer, will receive $500,000, which will be used to optimise its operations at the Cove Eco Industrial and Business Park, while Andy’s Company Limited, which makes Andy’s Cherry Nectar, is allocated $1.5 million. This will allow the company to move its production of the soft drink to Cove.