If you have a commercially sound business project that is in expansion, development or research stage, with good growth potential, a marketable product or service, a strong management team with a proven track record, and the ability to generate a return on capital invested, the SME Investment Fund may be for you.
Equity investments range from €100,000 to €1 million, with first-round investments typically being €200,000 to €300,000. In return, the WDC Investment Fund takes a minority shareholding. The return sought is appropriate to the level of risk taken.
All equity investments are made under the Market Economy Investor Principle. This means that any equity investment we make is on a ‘pari passu’ basis with private sector investors. These private sector investors set the terms and conditions of the deal, with the WDC receiving the same terms and conditions.
The WDC Investment Fund can invest with other public sector bodies but the total combined investment from the public sector must not exceed 50% of the total investment round.
Although the WDC Investment Fund does not get involved with the day-to-day running of the enterprises it invests in, it does have the right to appoint a non-executive director to the company. This can be an important benefit, offering valuable guidance in the commercialisation of the business.