Ground Control launches £5m sustainability impact venture fund

- Ground Control devoting 5% of annual profits to the Evergreen Fund
- Evergreen Fund dedicated to supporting environmental initiatives and carbon sequestration
- New fund will provide seed and growth capital to selected start-ups and social enterprises
A new £5m investment fund dedicated to sustainability and environmental initiatives has been launched by Ground Control, the UK’s leading supplier of award-winning landscaping and maintenance services.
Financed by five percent of Ground Control’s annual profits, the Evergreen Fund will specialise in providing seed and growth capital to early stage companies and social enterprises that are focused on delivering measurable, beneficial and sustainable environmental impact.
Over the next five years, the fund will:
- Invest £5m in early stage environmental ventures
- Become a perpetual investment facility with profits reinvested into new sustainable ventures
- Dedicate £100,000 annually to finance the planning of one million new native trees to create protected areas of biodiversity
Investment criteria:
- The Evergreen Fund will invest in entrepreneurs who have a clear vision of how to effect positive environmental change, combined with the experience, hard work and commitment to deliver
- Applicants must be able to clearly display their positive, measurable and sustainable contribution; have a proven / sustainable business and revenue model; and demonstrate a competitive marketplace advantage and an opportunity / vision to scale
- The fund will directly invest in Seed, Series A and higher but will avoid pre-seed or investments in fee-bearing funds
- Investments will range in size from £10,000 to £500,000
Ventures must contribute to at least one of these measures of ‘positive environmental change’:
For additional information please contact:
Kevin Maxwell
Maxwell Comms Ltd
(m) 07985 351 797