FLAMINGO SKY LAUNCHES NEW GUARANTEED EIS/SEIS FUND
By: Christine Durkin
United Kingdom, 12th September 2013 – Today is the launch of the Flamingo Sky high-tech/high-growth fund for Q1 2014. Flamingo Sky will be enabling UK high-tech organisations to secure up to £100,000 each, following successful completion of the Flamingo Sky due diligence process.
The Flamingo Sky Q12014 Fund for high-tech/high-growth expects to invest up to £100,000 each in 12 companies within the next six months. Client companies that secure funds will be continuously supported by Flamingo Sky, and further investment rounds will be opened to them as their business matures.
Focusing on key growth sectors, Flamingo Sky is providing a much-needed bridge between investors and entrepreneurs to close the gap between start-up mode and commercialisation, and providing investor groups the ability to handle more potential deals. Flamingo Sky works with entrepreneurs, SME/Bs and established high tech companies to improve the process between start-up, funding, commercialisation and exit.
“Access to funds, particularly at this initial seed level, is a considerable challenge for start-up companies. The Flamingo Sky process, coupled with the Q12014 Fund and the subsequent support, including further rounds, represents an exceptional opportunity for high-tech/high-growth companies,” said Rob Steele, CEO at Flamingo Sky.
To achieve this, Flamingo Sky has chosen to significantly increase its network of support associates as well as private investors and private equity partners. Having proven the principles and benefits of the Flamingo Sky process, the drive now is to increase staffing levels and gather momentum into 2014.
Rob Steele continued, “Our powerful blend of hands on support, pre-funding due diligence and on-going business and financial support can make the difference for a successful investment, for both our investors and our start-up clients.”
About Flamingo Sky
Established in 2012, Flamingo Sky provides a fundamentally different approach to market readiness and funding. Bridging the gap between early stage high-tech/high-growth businesses and suitable investment sources, it works with entrepreneurs and investors to assess investment opportunities, prove viability and secure early stage funding of around £150k to £1.5m in equity and/or debt finance. See http://www.flamingosky.com.