Business

Investors offered chance to back new start-up cohort

Jenny Ervine of Raise Ventures

INVESTORS are being urged to urged to take an equity stake in one or more of 12 early stage start-up companies which have graduated from a new accelerator programme.

The fledgling firms have come through an intensive six-month programme run by Raise Ventures, which offered the potential entrepreneurs investment advice and development guidance to launch their companies and business ideas.

Now Raise has announce an innovative programme called ‘Raise Syndicate’ which offers opportunities for angel invests to buy into a new company at the beginning and watch it scale and hopefully exit.

Jenny Ervine of Raise Ventures says “The challenge for the start-ups is collating enough angel investors to get the investment they need and the challenge for angel investors is how to get started with investing.

“The Raise Syndicate will facilitate quicker collaboration between start-ups and angels as well sharing of more industry knowledge and expertise in the best way to make the process seamless.

“It will help unleash the power of angel investing to help address the challenges for both early stage start-ups and angel investors. It will also provide angel investors access to good quality early stage start-ups and they will be able to pool investment and due diligence together for better deal execution."

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Business