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Venture Capital Hits Belfast

Surprised I haven’t found comment on this anywhere yet so here is the gen dit:

  • The 30% of private funding requirement for the £5m VC fund can be from another investor
  • The Proof Of Concept fund is grant based as opposed to equity
  • They are in the process of collecting anchor startups for a first round of funding
  • Launch date is 1st of May.
  • They have already had a meetup with potential opportunities
  • Another one is planned in the next few weeks
  • E-Synergy is the firm running the show
  • It depends who answers their phone as to whether you’ll get any info.

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