University of Bristol Enterprise Fund

The most recent offer for the University of Bristol Enterprise Fund closed in summer 2019. A similar fund, which Parkwalk also manages, Parkwalk Opportunities EIS is open for investment. The fund invests in university spinouts mainly from the universities of Oxford, Cambridge, and Bristol.

Alternatively, you can register below to receive an alert when the University of Bristol Enterprise Fund opens. This is not expected until the second half of 2020.

Receive an alert when the University of Bristol Enterprise Fund opens

Following the success of Oxford and Cambridge, Bristol University has partnered with Parkwalk to give investors access to startup and early-stage companies founded within the university. 

Highlights

  • Experienced portfolio manager
  • Exclusive deal flow from the University of Bristol 
  • Co-investment opportunities with institutional investors, including parent company IP Group
  • Minimum investment usually £25,000

Important: The information on this website is for experienced investors. It is not advice nor a research or personal recommendation to invest. If you’re unsure, please seek advice. Investments are for the long term. They are high risk and illiquid and can fall as well as rise in value, so you could get back less than you invest.


University of Bristol Enterprise FundThe manager

This fund is managed by Parkwalk with the University of Bristol Research and Enterprise Development Division (RED) as the Portfolio Advisor. 

Parkwalk

The fund will be managed by Parkwalk, an experienced and award-winning EIS fund manager. Founded by Alistair Kilgour and Moray Wright, Parkwalk is the UK’s most active investor into the university spin-out sector. The companies into which it has invested have raised over £1 billion in fundraising since 2010. This has been achieved through its relationships with UK Russell Group Universities and increased resourcing after a merger with IP Group, a leading IP commercialisation company. 

Bristol Research and Enterprise Development Division (RED)

Established in 2000 by the University of Bristol, RED supports scientific and technological spinouts from the university as well as from the wider SME community. RED has links across the Bristol Enterprise Network which it can use to help maximise and accelerate the creation and development of young companies.  

In addition to RED, the fund will also source a number of deals through the university incubator programme – SETsquared Bristol. Listed as the world’s leading university business incubator, the SETsquared network has raised more than £1 billion for startups since its launch in 2002.  

The fund

Having only launched in 2016, there have been just three iterations of the fund so far. The latest offer closed in summer 2019.

Deal flow will primarily come from the University of Bristol and SETsquared Bristol. However, the university also has a number of partnerships with other business incubators such as the Bristol and Bath Science Park and the British Robotics Laboratory (BRL) Incubator. 

RED seeks companies that not only have a patentable invention but also show the potential for commercial success. Successful candidates should be able to demonstrate proven technology, market opportunity and a competitive edge. Once selected, RED will assist founders in identifying the best commercial pathway as well as finding funding sources.   

In partnering with Parkwalk, companies will have access to a new source of funding that should help them accelerate their commercial development. 

Risks – important

This, like all investments available through Wealth Club, is only for experienced investors happy to make their own investment decisions without advice.

EIS investments are high risk so should only form part of a balanced portfolio and you should not invest money you cannot afford to lose. They also tend to be illiquid and hard to sell and value. Before you invest, please carefully read the Risks and Commitments and the offer documents to ensure you fully understand the risks. 

Tax rules can change and benefits depend on circumstances.

This EIS fund invests in early-stage businesses which are more likely to fail than larger ones, so you should expect a number of failures in the portfolio.

Wealth Club aims to make it easier for experienced investors to find information on – and apply for – tax-efficient investments. You should base your investment decision on the provider's documents and ensure you have read and fully understand them before investing. This review is a marketing communication. It is not advice or a personal or research recommendation to buy the investment mentioned. It does not satisfy legal requirements promoting investment research independence and is thus not subject to prohibitions on dealing ahead of its dissemination.

The details

Type
Fund
Sector
University spinouts
Target return
-
Funds raised / sought
-
Minimum investment
-
Deadline
Coming soon
Last updated: 30 August 2019

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