Science Park graduates win over £20m in investments
Graduates of a business accelerator process at the Northern Ireland Science Park (NISP), including cemetery software firm Plotbox, have now gone on to attract investment of more than £20m, it has emerged.
NISP said taking part in the Springboard programme could improve a business's chances of success. Plotbox, which is run by husband and wife team Sean and Leona McAllister, and Photonic Measurements, manufacturer of chemical analysers for water, were the latest Springboard companies to attract investment.
They have won funding from techstartNI - the fund which invests in early-stage technology start-ups.
Jamie Andrews of techstartNI said: ''Our investments in these two companies are techstartNI's seventh and eighth investments in a year. Both investments reflect our desire to invest in strong founding teams, with a deep knowledge of the markets they are targeting."
Springboard director John Knapton said companies were in a good position to attract investment after completing Springboard.
The programme involves coaching and mentoring by science and technology entrepreneurs.