As part of the Techstart II suite of funds there is a £30m venture capital fund for SMEs. The fund provides initial seed capital investments of between £50k and £750k and up to £2m in any one company over a series of investment rounds.
The Proof of Concept grant programme remains a key offering, with companies being able to obtain grant funding ranging from £10,000-£35,000 to progress concept ideas.
Techstart II is available to all SME companies.
The Techstart suite of funds form part of an enterprise escalator of support for seed and early stage companies.
The Fund Manager will consider investment ideas which present a compelling, scalable high growth business proposition.
Evidence of innovation (technology based or otherwise) and /or first – mover advantage will score highly, as will early sales or demonstrable customer traction.
The Fund is managed on behalf of Invest NI by Techstart Ventures.
The Fund is part financed by the European Regional Development Fund under the EU Investment for Growth and Jobs Programme 2014 – 2020.
Find out further information on how to apply for techstart Seed Fund
Not sure that this support is right for you? Contact us and we can explore options for your business together.
Our support may be subject to some eligibility criteria.