Leading Welsh Business Figures Launch New Investment Fund Inspire Growth Wales to Back the FTSE Firms of the Future
Twenty leading figures in Welsh business have joined forces to launch a new investment fund to help firms realise their high growth potential.
The investors, that include Hayley Parsons and Ashley Cooper, have joined forces to create Inspire Growth Wales, an investment consortium which aims to give financial and mentoring help to ambitious start-ups, early stage and growth businesses.
The consortium is being launched today ahead of it sponsoring the Sir Michael Moritz tech start-up award at the ESTnet awards tomorrow. The value of their combined investment into the fund has not been disclosed, but it is understood to be north of 1m. However, the backers have the option to invest on top of their current committed capital on a deal by deal basis.