€500,000 fintech start-up fund announced by Enterprise Ireland
Announcing a new start-up fund for fintech start-ups today (26 May), Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor, said the support was a “key part” of the current Government’s push to help key sectors. Providing €50,000 in equity to 10 selected start-ups in the fintech area, applications open at the start of June […]
New Irish start-up fund swings into action
Colman Equity – which is also the main funder of the business accelerator programme StartPlanetNI – will focus on knowledge economy companies and entrepreneurs seeking to move back to Northern Ireland. The investment vehicle will allow businesspeople and investors to put money into start-up firms in a tax-efficient manner, while at the same time sharing their […]
Oxford Uni-backed Aussie start-up Zegami looks to raise $10 million
Two Adelaide-based tech entrepreneurs who developed big data visualisation software for Oxford University are looking to raise up to $10 million to accelerate sales of the technology. Zegami, headed by Samuel Conway and Roger Nobel, has already attracted $1 million in funding from Oxford University and well-regarded British entrepreneurs. The company is aiming to change […]
University of Malta TAKEOFF Seed Fund launched for €100,000 in awards
The Ministry for The Economy, Investment and Small Business (MEIB) and the University of Malta have launched the 2016 edition of the TAKEOFF Seed Fund Award (TOSFA) at the University’s TAKEOFF Business Incubator. The sum of €100,000 will be allocated through the Award to entrepreneurs and researchers to help move their innovative ideas and technologies […]
New £180m university fund to accelerate energy research across the Midlands Engine
A major new fund designed to drive cutting-edge research, innovation and skills across the Midlands Engine, has been officially launched today with significant backing from Chancellor of the Exchequer George Osborne. The Chancellor set out a commitment at the Spending Review to deliver significant government investment in the Midlands across transport, energy and culture. This […]
New £180m fund to accelerate innovation across the Midlands Engine
The ERA is the first project to be delivered by the ‘Midlands Innovation’ initiative and will help unlock £120m of private sector investment. It will tackle some of the biggest energy challenges facing the UK such as making the best use of available resources and how to produce affordable energy. Commercial secretary to the Treasury, […]
HSBC launches £10bn fund to support UK SMEs
It is the largest package of support to be announced by HSBC for UK SMEs and has been structured regionally, so that small firms in England, Wales, Scotland and Northern Ireland can access funds. HSBC said the fund is designed to meet strong demand from UK SMEs and follows the success of the £8bn fund […]
Backed VC outs its “community-driven” €30M European seed-stage fund
Another day, another new European VC fund. This time it’s the turn of London-based Backed VC, which today is officially outing its €30 million pan-European seed-stage fund, although it’s been active since last year and has already made several investments. The aim, founding partner Andre de Haes tells me, is to bring a more “community-driven” […]
MIT-Imperial College London Seed Fund winners announced
The MIT-Imperial College London Seed Fund awarded $60,565 to three MIT faculty pursuing joint projects with peers at Imperial College London. The grant primarily supports travel costs for exchange between teams at MIT and Imperial College London with priority given to projects that are new or entering a new phase; that reflect a balanced collaboration […]
Google’s GV leads $21M Series B in bioscience firm Cambridge Epigenetix
VC firm GV (née Google Ventures) has made another investment in Europe — its seventh — leading a $21 million Series B round for epigenetic sequencing tech company and Cambridge University spin-out, Cambridge Epigenetix. The U.K.-based bioscience company makes DNA modification analysis tools for epigenetics researchers — an emerging field of study which looks at how environmental factors and […]