Business Model: B2B
Revenue: $0
Employees: 0-0
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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 |
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8/2008 | nooked | Seed Round | 1.6M |
1/2007 | Tunepresto | Series A | 263k |
8/2008 | nooked | Seed Round | 0 |
1/2007 | Tunepresto | Series A | 0 |
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