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.