KC Invest: start-up and growth financing for digital and technology businesses
KC Invest is an investment fund of £300,000 set up by local communications provider KC to provide financing for new and growing businesses in the digital and technology sectors.
KC established the fund in 2011 in the wake of the economic crisis and banks’ resulting reluctance to provide affordable financing for small businesses.
The fund is administered by two local enterprise agencies, the Acorn Fund and Sirius Business Advice Centre. Loans of anywhere between £1,000 and £25,000 are available at a rate of interest significantly lower than the rates charged by banks for start-up businesses.