Aspire fund

 

Aspire is a £12.5 million risk capital fund which invests in businesses led by women.

 

It encourages female entrepreneurs with viable business propositions to seek risk capital finance.

 

Aspire is a public fund that works with private sector co-investment. It invests on the same commercial terms as a private sector investor and is managed by Capital for Enterprise Ltd.

 

Investment amounts

 

Single investments between £100,000 and £2 million are available on commercial investment terms.

 

Enquiry process

  • Contact Finance Wales by e-mailing info@financewales.co.uk or by calling 0800 587 4140
  • Finance Wales will conduct due diligence and forward eligible enquiries to Capital for Enterprise Ltd 
  • Successful businesses will see their investment matched by Capital for Enterprise Ltd  

Eligibility

 

To qualify businesses must:

  • Have an attractive and viable business proposition
  • Have an investor already in place
  • Have 30% or greater female representation at board or senior executive team level
  • Be founded or co-founded by women who still play a key role in the business
  • Be more than 30% owned by women (excluding third-party investors, such as venture capital funds and business angels)
  • Have a female executive responsible for raising investment funds

You can also apply for investment from Finance Wales or xénos, the Wales Business Angel Network.

 

Contact Finance Wales by e-mailing info@financewales.co.uk or by calling 0800 587 4140 to find out more.