The North West Fund for Venture Capital is designed to support entrepreneurs build high growth companies. With an emphasis on backing people with a talent for business, it provides risk capital for new and early-stage start-up companies, in return for an equity share.
The Fund will invest in most industry sectors including technology - but excluding those served by the focused sector funds for Energy & Environmental, Biomedical and Digital & Creative.
The North West Fund for Venture Capital provides finance ranging from £50,000 to £2million. In return, the Fund Manager will require an equity share in the business. Capital structures can include a combination of equity and loan support as best suits the needs of the company.
|FDM Digital Solutions||1/2014||Seed||£860k||2|