Page 40 - Praetura EIS 2019 Fund Information Memorandum

Lack of North West VC Funding

Underserved Area
Despite the strong macro-economic indicators
demonstrated in the North West, the region is lacking
infrastructure and financial support for start ups, Population 11.0%
particularly outside of Greater Manchester.

VC Investment 3.6% £300-600m Shortfall
Venture capital investment in the North West is
significantly underweight in comparison to the
PE Investment 7.7%
economic indicators for the region.

GVA 9.5%
Whilst the North West accounts for c.10% of the UK’s
economy across a wide spectrum of indices, only 3.6%
New Starts 10.2%
of UK venture capital investment is transacted in the
North West. Furthermore, the North West is showing
the strongest growth in GVA of any UK region outside Enterprises > £5m turnover 10.2%
of London.
Enterprises > 50 employees 9.8%
This is further supported by the limited number of
privately funded, early-stage investors who are active in Enterprises 9.8%
the region.

Source: PMSI Strategy LLP