New fund to boost early-stage companies

The D2N2 Local Enterprise Partnership has launched a new £8 million fund, which aims to stimulate investment and growth in early-stage companies.

The Early Stage Angel Investment Fund aims to support companies who have been trading for between six to 24 months – and are based in Derby, Derbyshire, Nottingham or Nottinghamshire.

D2N2 LEP is contributing £4 million to the fund, which will be match-funded by its investment fund manager, Haatch

Details of the new fund were first revealed by Elizabeth Fagan, chair of the D2N2 LEP, at last month’s UK Real Estate Investment and Infrastructure Forum (UKREiiF) in Leeds.

She said: “Our aim is that over the longer term, these funds will be re-invested in the programme, to catalyse investment and growth for further early-stage companies.”

For more information about the fund visit https://haatch.com/investors/haatch-d2n2-esaif/ .