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Invest NI - Access to Finance . Conference March 2014. Invest NI Funding Continuum . www.investni.com. Update on Continuum. All funds are now in place and operating. The two Development Funds have completed deals.
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Invest NI - Access to Finance Conference March 2014
Invest NI Funding Continuum www.investni.com
Update on Continuum • All funds are now in place and operating. The two Development Funds have completed deals. • NISPO II tender is being evaluated. Anticipate a management contract being awarded in next few weeks. • Funding of >£25m for SMEs per annum should be delivered through our funds.
Invest NI Funds • Fund Fund size Deal size • Small Business Loan Fund £5m £1k- £50k • Growth Loan Fund £50m £50k - £500k • NISPO Funds (POC and seed) £29m £50k - £250k • Co-Fund NI £16m £250k - £450k • Development Funds (2) £60m £450k - £2m • Total £160m