Venture capital firm SmartInvest here to stay from Delaware Business Times

Venture capital firm SmartInvest here to stay

by Alex Vuccolo of Delaware Business Times | July 25, 2017  

SmartInvest Ventures, an international venture capital firm, announced plans to maintain a permanent presence in Delaware.

The Irish firm first came to Delaware last spring with a series of mentoring sessions for 11 early-stage Delaware companies. The idea was to prepare the startups for investors with tough expectations for their return on investment. The first round of the “SPARK Challenge” took place inside The Mill, a co-working space in downtown Wilmington.

SmartInvest identified the participating startups through a screening event in early 2017. Now it plans to hold a second event, called “Life’s a Pitch,” on Sept. 25 to find companies for another SPARK challenge in October. The goal is to hold these events regularly, providing a kind of base camp for northern Delaware’s burgeoning startup scene.

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