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15/07/2014
£16m Investment Found For Early-Stage Tech Firms
A total of £16m is to be used to fund early-stage technology businesses, the Department of Enterprise has announced.
Techstart NI will see £13m used for investment in small and medium-sized firms, with the remaining £3m going to university spin-outs.
The money is being provided as part of Northern Ireland Executive's Access to Finance programme.
"The fund will be an important part of Invest Northern Ireland's access for finance suite of funding, which now totals £160m over six funds," Enterprise Minister Arlene Foster said.
She added: "To date, over £48m of investment has been made through these funds, helping over 400 businesses access the finance they need to grow and develop."
(MH/JP)
Techstart NI will see £13m used for investment in small and medium-sized firms, with the remaining £3m going to university spin-outs.
The money is being provided as part of Northern Ireland Executive's Access to Finance programme.
"The fund will be an important part of Invest Northern Ireland's access for finance suite of funding, which now totals £160m over six funds," Enterprise Minister Arlene Foster said.
She added: "To date, over £48m of investment has been made through these funds, helping over 400 businesses access the finance they need to grow and develop."
(MH/JP)
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29 March 2012
Foster Announces First Co-Fund Investment Deals
Enterprise Minister Arlene Foster today announced the first Co-Fund NI investment deals worth over £1.5million. The recently launched Co-Fund NI equity fund, created by Invest Northern Ireland, will co-invest with business angel or private investor-led deals.
Foster Announces First Co-Fund Investment Deals
Enterprise Minister Arlene Foster today announced the first Co-Fund NI investment deals worth over £1.5million. The recently launched Co-Fund NI equity fund, created by Invest Northern Ireland, will co-invest with business angel or private investor-led deals.
26 November 2001
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
01 May 2013
Access To Finance Remains An Obstacle For Businesses - Overend
Ulster Unionist Economy spokesperson, Sandra Overend MLA, has said that access to finance remains a huge obstacle for many small and medium sized businesses in advance of a briefing from Ulster Bank to the Enterprise, Trade and Investment Committee on the UK wide ‘Funding for Lending’ Scheme.
Access To Finance Remains An Obstacle For Businesses - Overend
Ulster Unionist Economy spokesperson, Sandra Overend MLA, has said that access to finance remains a huge obstacle for many small and medium sized businesses in advance of a briefing from Ulster Bank to the Enterprise, Trade and Investment Committee on the UK wide ‘Funding for Lending’ Scheme.
11 February 2013
New Loan Fund Launches For Small Firms
Enterprise Minister Arlene Foster today announced a new £5 million NI Small Business Loan Fund as part of Invest Northern Ireland’s Access to Finance Strategy.
New Loan Fund Launches For Small Firms
Enterprise Minister Arlene Foster today announced a new £5 million NI Small Business Loan Fund as part of Invest Northern Ireland’s Access to Finance Strategy.
24 June 2004
Strategic Investment Board name new Chief Executive
Chairman of the Strategic Investment Board (SIB) Limited in Northern Ireland, Tony Watson, has announced the appointment of Mr David Gavaghan as its new Chief Executive Officer.
Strategic Investment Board name new Chief Executive
Chairman of the Strategic Investment Board (SIB) Limited in Northern Ireland, Tony Watson, has announced the appointment of Mr David Gavaghan as its new Chief Executive Officer.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
