Micro Funds

Micro funds are small venture capital funds worth £30 million in total and invest less than £2 million in each of their portfolio companies.

This research looks at the micro fund investment experience for both the fund and the portfolio companies by addressing the following research questions:

• What is the micro fund investment model?

• What has been the experience of the new technology-based firms?

• What role does micro fund investing play in their financial pathways and why?

Is government sponsorship of these funds a suitable method of new technology-based firm support? 

Micro funds are increasingly prominent players in the early-stage equity investment environment but what is the Micro Fund investment experience for both fund and portfolio firms?

Published
May 2009

Author
Samantha Sharpe, Andy Cosh, David Connell and Hugh Parnell

Report
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