The £300,000 pilot will invest exclusively in refugee-owned or led businesses, aiming to lead to a £10m follow-on fund as refugee entrepreneurs are too often cut off from VC investment. We speak to TERN co-founder Charlie Fraser to find out more.
Contest founder wants to “democratise access to entrepreneurship so where you start doesn't decide where you finish”. Also new this year, a six-week accelerator programme for 16 semi-finalists – entries must be in by 9 August.
Investments in impact startups decline for a fourth year in a row despite a healthy growth in the broader VC market, as investors shift their focus to defence and AI – and leave some impact areas sorely underfunded.
Venture capital funding towards impact startups continues a sharp downward trend as VC investors lose appetite for climate tech, the latest Dealroom figures reveal.
