This AM I received the attached response to an initial request from Invest NI. I have some follow up questions in to them and I have a couple of significant posts in draft for release next week.
Stay tuned here and the forum for Chris' promised update...
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Mr
Ken Koch
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Invest Northern Ireland
Bedford Square
Bedford Street
BT2 7ES
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Telephone:
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028 9069 8427
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Email:
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Our
Ref:
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FOI 978
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Date 3rd February 2017
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Dear
Mr Koch
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Freedom
of Information Act 2000
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Was the
[Brewbot] funding a cash grant, services or combination?
Between 2013 and 2017 Invest NI offered Brewbot a range of financial
support (grants) towards R&D, market research and export activity.
Brewbot also received investment in 2014 through Techstart NI, an
independently managed Invest NI Access to Finance fund.
A total of £ 88,257 was offered in assistance of which £ 43,973.30 has
been drawn down.
Were there
specific milestones/deliverable and if so were they met as part of this?
As with all Invest NI support, funds are only released on completion of
key activity/delivery against agreed milestones, as set out in our Letter of
Offer. All claims to draw down against
offers are vouched against these agreed milestones before funds are released.
Did Invest NI
receive any value from this? (such as a share of BrewBot)
Invest NI has not received a share in Brewbot in return for grants
offered.
The TechstartNI investment was part of the $1.5m investment round which has
not yet resulted in any of these investors receiving shares in the company.
Were any intellectual
property rights developed, owned or transferred to BrewBot as part of this
engagement?
Invest NI did not obtain or transfer
any Intellectual property rights as part of its engagement with Brewbot.
If you feel that the information we
have provided does not fully meet your request please contact me on 028 9069
8427 in the first instance. You have the right to request a formal review by
Invest NI within two calendar months of the date of this letter and if you wish
to do so, please write to the Information Governance Manager, Bedford Square,
Bedford Street, Belfast, BT2 7ES or email ‘foi@investni.com’.
If after such an internal review you
are still unhappy with the response, you have the right to appeal to the
Information Commissioner’s Office, Wycliffe
House, Water Lane,
Wilmslow, Cheshire, SK9 5AF, who will undertake an independent review.
If you have any queries about this
letter, please contact me. Please remember to quote the reference number above
in any future communications.
Yours sincerely
John Miller
Client
Manager
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