Thursday, 30 May 2013

NI - Belfast - Nispo Funds for Startups in 2013

NISPO Funds’ Accelerator Event 2013

They are on the lookout for early stage start-ups needing support!

E-Synergy Ltd, who manage the £14 million NISPO Funds on behalf of Invest Northern Ireland, is excited to announce the launch of this year’s Accelerator Event; an event which will give entrepreneurs the opportunity to apply, and if selected, pitch for seed stage funding circa £70k.

The NISPO Accelerator is a natural follow-on from the highly successful and popular Invest Growth Proof of Concept Fund (PoC). Following a successful Accelerator application, companies will be invited to the event to interact with the Invest Growth Fund, private investors & mentors to raise the necessary finance. The event is deliberately designed to provide the quickest route possible to investment.

The Accelerator event will take place on the Tuesday 25th & Wednesday 26th June in Belfast. The closing date for applications is midnight on Thursday 6th June.

Companies must be early stage with high growth potential and the ability to demonstrate that circa £70k of investment will take them to a quantifiable milestone that accelerates the growth of the business.


Application process:

Applications will be reviewed by E-Synergy’s Investment Committee
Ensure you return your application by midnight on the closing date of Thursday 6th June to


Selection process:
Download and complete the Accelerator application form
Successful applicants will be informed and invited to pitch at the Accelerator Event

Companies will pitch to members of E-Synergy’s Investment Committee, private investors and mentors.
Day 1 - Tuesday 25th June: Companies will specifically present their innovative products, their business and their investment requirement.
Day 2 – Wednesday 26th June: Companies will meet with the Investment Committee and fellow investors & mentors on a one-to-one basis.

All companies will have the opportunity to raise investment; therefore will not be competing against fellow finalists.

Following the event at the end of June, companies will be informed of the outcome within two weeks and successful applicants, after due diligence, will have their investment finalised.

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