Belfast Telegraph

New start-up fund swings into action

By Staff Reporter

A firm specialising in start-up and angel investment funding has launched Northern Ireland's first Seed Enterprise Investment Scheme to support new businesses.

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 expertise.

"We are of the belief that the best investors for early-stage companies are other entrepreneurs, who not only bring investment, but understanding and experience of building a business," said Diane Roberts of Colman Equity.

"In our experience, this type of smart investment can be the difference between succeeding and failing."

Belfast Telegraph