The University of Cambridge Enterprise Fund IV is launched

The University of Cambridge Enterprise Fund IV has been launched by Parkwalk Advisors, a London-based independent investment management firm, in conjunction with Cambridge Enterprise.

The Fund, which follows on the heels of three successful UCEF funds first established in 2012, allows alumni and supporters of the University the opportunity to invest in companies formed to commercialise scientific and technological discoveries made at the University of Cambridge, in a tax efficient manner through the Enterprise Investment Scheme.

“The University of Cambridge Enterprise Funds have been an important source of funding for our young companies, and are a great way for Cambridge alumni and friends to support the University,” said Dr Anne Dobrée, Head of Seed Funds at Cambridge Enterprise, which for the third consecutive year has broken its early stage investment record, approving 13 seed fund investments for a total of £3.8 million, an increase on the £3.2 million invested in 2013-14.

The University of Cambridge Enterprise Fund generally co-invests alongside the University’s own funds, taking advantage of the infrastructure and expertise already in place.

The Fund will provide the private investor with an opportunity to invest in early stage technology companies as they spin-out of the University, while supplying additional finance to ensure that companies are properly resourced for the initial stages of commercial product development. The Fund will seek to invest with the tax reliefs of the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS), where applicable.

You can find more detail about the Fund on the Parkwalk website and read an overview of Cambridge Enterprise’s activities in 2015.

You can contact the Parkwalk team at ucef@parkwalkadvisors.com.