TERN (The Entrepreneurial Refugee Network) | Refugee Venture Fund
◆ Location
United Kingdom
◆ Activity
Statusactively investing
◆ Links
◆ Share this fund
◆ Investment Thesis
The Refugee Venture Fund invests exclusively in UK-based, high-growth businesses founded, majority-owned, or led by refugees whose founders hold legal refugee status. It is sector-agnostic but prioritises software, AI, and climate technology, generally seeking companies that have developed a minimum viable product, completed a pilot, or demonstrated commercial traction rather than idea-stage ventures. Initial investments are expected to be £50,000–£100,000 across approximately three to five companies, with portfolio companies receiving 12 months of coaching and access to TERN’s founder network.
◆ About TERN (The Entrepreneurial Refugee Network)
A £300,000 pilot venture capital fund dedicated to refugee-owned or led businesses, targeting startups with high-growth potential and planning to invest £50,000–£100,000 in three to five companies. The pilot aims to build a track record for a larger £10m follow-on fund.
◆ Sectors
◆ Stages
◆ Geography Focus
◆ Team
| Name | Title | Role | Links |
|---|---|---|---|
| Abeer AbuGhaith | Director of Systemic Change | — | |
| Charlie Fraser | Co-Founder and Strategy & Partnerships Director | — |
◆ FAQ
What does Refugee Venture Fund invest in?
Refugee Venture Fund invests in Climate Tech and AI & ML at the pre-seed and seed stages.
Which geographies does Refugee Venture Fund focus on?
Refugee Venture Fund focuses on United Kingdom, and is headquartered in United Kingdom.