Waterfront launch for new business funding project

Capital Match, a new service from Catalyst Inc to assist ambitious Northern Ireland companies with funding, was launched at the Belfast Waterfront on Thursday.
Conor Clarke of Eli Global with John Knapton, Catalyst Inc, Capital Match director Alan Watts, Andrew Sloane of ADV and Julia Groves, Downing LLPConor Clarke of Eli Global with John Knapton, Catalyst Inc, Capital Match director Alan Watts, Andrew Sloane of ADV and Julia Groves, Downing LLP
Conor Clarke of Eli Global with John Knapton, Catalyst Inc, Capital Match director Alan Watts, Andrew Sloane of ADV and Julia Groves, Downing LLP

The launch event included a panel debate on ‘How to win Investment’ with a panel of major investors from a variety of firms.

“Capital Match provides intelligent and highly focused sources of fund-matching for high growth-potential knowledge economy companies, principally graduates from the Connect Springboard programme,” said director Alan Watts.

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“Capital Match operates by building extensive personal relationships with multiple sources of funding largely outside Northern Ireland.

“These are venture capitalists, funds, family offices, syndicates, investor groups and selected experienced individual investors.

“The difference between Capital Match and say an angel network is in the laser focus of the introductions.

“Instead of time being wasted in meetings where it turns out investment was never likely, relatively few meetings are set up. But where they are, they are with funders who will be interested in the particular company.

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“This saves huge amounts of time for the companies and also for the funders”.

Conor Clarke of Eli Global said, “As a USA based family office with a global focus, we are keen to invest in high quality companies from Northern Ireland.

“We see Capital Match as a great benefit as it will efficiently connect us with companies who exactly match what we are looking for.”

Fellow panelist Andrew Sloane from ADV added, “We’re delighted to see Capital Match launch and look forward to working with them as they match Northern Irish technology companies with the right sources of capital.”

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The level of ambition of companies supported by Capital Match is such that they will need £500k-£2m of initial funding. Workshops held during the formation of Capital Match showed that this is where the greatest funding gap exists in NI.

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