{"id":472,"date":"2003-07-17T00:00:00","date_gmt":"2003-07-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"50m-sought-for-specialist-seed-funds","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2003\/50m-sought-for-specialist-seed-funds.html","title":{"rendered":"$50m sought for specialist seed funds"},"content":{"rendered":"<p>AT LEAST $50 million of private venture capital is being sought to establish specialist seed funds in biotechnology, one of the Government&#8217;s key growth sectors.<\/p>\n<p>  New Zealand Venture Investment Fund general manager Franceska Banga said the fund would invest a minimum of $25 million in the biotech sector, conditional on $50 million being raised from private  investors.<\/p>\n<p>  Four seed funds, run by private sector fund managers, have so far been established &#8212; iGlobe Treasury Management, TMT Ventures, No 8 Ventures, and Endeavour iCap.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AT LEAST $50 million of private venture capital is being sought to establish specialist seed funds in biotechnology, one of the Government&#8217;s key growth sectors. New Zealand Venture Investment Fund general manager Franceska Banga said the fund would invest a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-472","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=472"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/472\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}