WDC

The WDC Investment Fund fulfils a distinctive role in funding businesses, community initiatives and — flagship — projects in the

Business Model: B2B

Revenue: $0

Employees: 0-0

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Detailed WDC Information

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WDC headquarters map

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Description

The WDC Investment Fund fulfils a distinctive role in funding businesses, community initiatives and — flagship — projects in the Western Region. It invests directly in sustainable projects, many of which may be experiencing a funding gap. The WDC seeks a financial return on its investments, together with a social dividend such as enchancing quality of life and the provision of employment. Operated by the WDC, the unique 34 million exchequer-supported fund aims to provide seed and venture capital or loans to projects under two sub-funds: - Business Investment Fund - Local Investment Fund Investments are made on a commercial basis by way of ordinary share capital, preference share capital, and loans, or a combination of these mechanisms. The WDC does not provide grant aid.

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Announced Date Company Transaction Money Raised
1/2007 Tunepresto Series A 263k
8/2008 nooked Seed Round 1.6M
8/2008 nooked Seed Round 0
1/2007 Tunepresto Series A 0

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