Mohsin Issa, co-owner of a major supermarket, introduces a private investment fund to support fast-growing start-ups in the UK.
- Issa partners with Victoria Price to establish Boulder Investco, based offshore in Jersey.
- Significant investments made in GoThrift, a second-hand clothing platform, and Applied Nutrition, a protein powder company.
- Previously leading major investments, Issa’s new venture does not include his brother as a shareholder.
- Price expresses passion for collaborating with UK entrepreneurial businesses through these investments.
Mohsin Issa, known for his pivotal role in co-owning one of the UK’s largest supermarket chains, is turning his focus towards stimulating entrepreneurial growth within the nation. Teaming up with Victoria Price, Issa has launched a private investment fund aimed at identifying and nurturing innovative start-ups across the UK. This strategic move highlights a commitment to bolstering fast-growing businesses while directing investment flows into promising sectors.
The newly founded investment firm, Boulder Investco, is stationed offshore in Jersey. Its mission is to back emerging companies demonstrating robust growth potential. The venture has commenced with noteworthy investments, including a significant stake in GoThrift, a Manchester-based second-hand clothing website, and a £10 million infusion into Liverpool’s Applied Nutrition, a burgeoning protein powder firm that recently made its stock market debut.
In the past, Issa has collaborated closely with his brother, Zuber, on successful ventures such as the EG Group and investments in sportswear brand Castore. However, this new investment endeavor marks a departure, with Zuber not enlisted as a shareholder. This shift could signify a new direction for Mohsin Issa’s investment strategy, potentially focusing on more independent ventures and varied market segments.
Victoria Price, a seasoned professional with a background in accountancy, complements Issa’s vision by steering Boulder Investco towards a framework that supports entrepreneurial spirit in the UK. Her enthusiasm for working with innovative businesses aligns seamlessly with the fund’s objectives. Price, speaking to The Telegraph, noted that these investments resonate with her personal drive to engage with entrepreneurial minds and ventures.
This initiative also reflects a broader trend of successful business figures investing in the disruptive potential of start-ups, indicating confidence in the future of such enterprises.
The launch of Boulder Investco signals a proactive approach to fostering innovation within the UK start-up ecosystem.
