NJ State and Digital Jersey in new start-up fund talks
DISCUSSIONS about what to replace the Jersey Innovation Fund with in order to help start-up businesses have been held between the States and Digital Jersey. The Jersey Innovation Fund was frozen earlier this year after a damning report by Comptroller and Auditor General Karen McConnell found that serious failures had been made in the running […]
Crowdfunding success for sustainability start-up fund
The Sustainable Accelerator aims to support the next generation of businesses that can redefine the way society consumes energy, manages waste, and applies smart resource technology. Having already received £300,000 from the London waste and Recycling Board (LWARB), the fund has since raised more than £700,000 via crowdfund platform Seedrs. “Now, more than ever, entrepreneurs […]
LifeArc, née MRC Technology, sets up high-risk seed fund for academics
LifeArc has set up a seed fund to invest in early preclinical projects that are overlooked because of the high risk of failure at that stage of R&D. The British medical research charity, formerly known as MRC Technology, sees the fund filling a perceived gap in the commercial investment landscape. That gap covers the stage […]