Fund set up to help start-ups

A FUND that aims to help start-up small and medium-sized businesses raise capital in exchange for equity has been set up.

By The Newsroom

Published 28th Sep 2016, 05:55 BST

Updated 5th Oct 2016, 14:20 BST

The Meon Enterprise Fund accepts all applications from entrepreneurs, regardless of their business activity.

The fund’s chairman is John Jack, a former director of IBM with 20 years’ experience as a founder investor and director of SMEs and start-ups. His fellow founder is Mike McGeever, who has over 20 years’ experience in start -ups, funding and investing in companies across Europe and the Middle East and North Africa region.

Mr Jack said: ‘We’re delighted to announce that Meon Enterprise Fund is now accepting applications from entrepreneurs. The fund is able to offer initial investments of up to £50,000 in the first instance and can commit further in the right circumstances.’

For more, go to meonenterprisefund.co.uk.

SMEs Europe