Details

Last Funding Type

Seed

Last Funding Money Raised

£50K

Industries

Incubators,Internet,Marketing

Founded date

Jan 1, 2014

Number Of Employee

1 - 10

Operating Status

Active

Investor Type

Incubator

Webstart Bristol is the brainchild of Bristol based entrepreneur Mike Jackson. Since selling his previous company and moving to Bristol from London in 2005 Mike has looked at many different investment opportunities. With a strong tech background having built and run web sites for Microsoft since 1994, Mike saw that investing in a single app or web service can be very high risk.

Reading an article about the original Silicon Valley Internet Incubator, Y-Combinator, in 2011 convinced him that this was the safest route for investing. He then found that existing UK based incubators were mainly in London and required investment through a funding vehicle, not directly into the startups themselves, making it difficult for investors to benefit from the all important SEIS tax relief.

With the establishment of the Engine Shed, Mike saw that Bristol now had the perfect venue for an internet incubator and after assembling a team of top Bristol based mentors and business advisors, Webstart Bristol was born.