In Northern Ireland, Techstart Ventures LLP manages the Techstart initiative. This initiative is funded by Invest NI as part of its Access to Finance strategy and is part funded by ERDF under the EU Investment for Growth and Jobs Programme 2014-2020. TechStart Ventures LLP provides support for early stage technology businesses and university spin-outs through £50m of equity funds, and a £4.5m proof of concept grant fund.
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