SETsquared selects Envestors’ White-label Platform to launch scale-up investment programme.
Envestors is pleased to announce SETsquared Partnership, the global number one business incubator, has licensed Envestry for Networks, the fundraising platform for investment networks. The software is a key part of a larger programme for SETSquared to extend their support of businesses through the scale-up phrase.
SETsquared is an enterprise collaboration between the five leading, research-led universities in the UK. Traditionally, their bespoke programmes support the earliest stage of a start-up’s life, helping to turn entrepreneurial ideas into businesses.
‘While we have already supported over 3,500 entrepreneurs since 2002,’ says Jake Ronay, Investment and Corporate Partnerships Lead at SETsquared. ‘Raising finance is critical for growth and while we had an informal network of investors, we weren’t in a position to really bring investors and entrepreneurs together. We knew that in order to move forward with our vision we would have to go digital; Envestry for Networks is a key component of our new initiative’
The platform will allow SETSquared to automate the application process for businesses seeking support, showcase investment opportunities to investors in a secure area and allow its investors to track opportunities and manage their portfolio.
The programme has recently completed its pilot phase and SETquared is now ramping up to meet its ambitious goal of helping 280 local, scale-up businesses over the next three years.
Envestryfor Networks is a fundraising platform that enables investor groups, accelerators and associations to post and promote investment opportunities to their networks and syndicate deals to our broader network.
If you would like to hear more about the Envestry Platform for Networks click here.