London marketing company Tradedoubler has launched TD Ventures. A business accelerator programme, TD Ventures will provide European SMEs with capital, mentoring, and access to its international network.
The £4m fund will make equity investments into digital businesses in the UK, France, and Germany. Up to £400k will be available per startup. The accelerator is open to seed- and venture-stage tech companies operating within the online marketing sector, and are able to prove their product projects ‘a vision for innovation’.
“By establishing TD Ventures, we are continuing to build on our heritage of technology innovation, working with young businesses to accelerate growth and shape the future of our sector with this unique programme”, says Matthias Stadelmeyer, Tradedoubler CEO.
SMEs can apply via the Tradedoubler website, with a brief outline of their company and a 200 word submission detailing why they deserve a place on the accelerator programme.